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Voluntary Benefits – December 2014
Employee Benefits Report
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Voluntary Benefits Solutions, December 2014/January 2015
Volume 5, Number 6
Insure Your Part-Time Workers at No Cost Part-time and variable-hour employees are more likely to lack employer-provided benefits than other workers. Voluntary benefits let employers provide benefits to these workers at no cost.
How Do Your Life Benefits Measure Up? Today, 57 percent of all workers in private industry have access to employer-provided life insurance. An employee’s status makes a big difference, though—72 percent of full-time workers have access to life benefits, while only 13 percent of part-timers do.Read on for details.
Give Employees More Buying Power through Payroll Deduction If early season trends continue, Americans could spend more this holiday season than they have in several years. Employee purchasing plans can help employees avoid a post-holiday financial hangover. Read on for details.
The Advantages of Online Benefit Administration Over the last several years even smaller companies have been taking benefit communications and decision-support systems online. With a voluntary benefit program, your benefit vendor will handle all administration, including employee enrollments, questions and claims problems. Read on for details.
This Just In...
The following statistics illustrate the importance of life insurance to the financial security of millions of American families, and the role life insurance plays in the overall economy.