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Voluntary Employee Benefit Programs
Voluntary Employee Benefits: Disability, Vision, Life, Cancer Care, Wellness, Legal,
Travel Insurance
Employee benefit programs from Russell Benefit Consulting offer a variety of
Medical Insurance plans, Dental Coverage, 401K
and other types of retirement plans, as well as a variety of attractive
voluntary programs with little or no additional costs to the employer, such as:
Retain High-Quality Employees - Make Voluntary Benefits a Part of
Your Compensation Package
Voluntary benefits are an important part of an employee compensation
package. The availability of these popular services, such as vision care
and life insurance, aids employers in hiring the most qualified candidates,
as well as retaining the quality employees they currently employ. To
illustrate this point, when surveyed, a majority of employees stated they
would be willing to give up a vacation day for vision care coverage.
Voluntary Benefits: If You Offer Them, Employees Will Participate
According to a 2003 survey of Employer Services Trends, the five
voluntary benefits with the highest employee participation include:
- Life Insurance - 91% participation
- Dental Insurance - 84%
- Long-term Care - 74%
- Vision Care - 69%
- Prepaid Legal Services - 39%
The fact that the employer does not pay for these benefits does not
dilute the affect that offering them has on the workforce. By making
benefits like long-term disability and wellness programs available to their
employees, businesses show that they care about the wellbeing of their
workforce, and respect their ability to make their own determination as
to the types and levels of protection they want to purchase.
Employee Benefits Administrator Groups
To remove the burden and cost from employers, we also administer these programs. Learn more at Employee Benefits Management / Administration
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