In today’s job market, employees expect more than just a paycheck. They are seeking additional perks and benefits. According to a survey by job site Glassdoor, 80% of employees say they would choose additional benefits over a pay raise.
Given the wide diversity of people in the workplace, it only makes sense to offer a wide array of options for coverage. However, there’s a lot of confusion about what voluntary benefits are, and how much employees really value them.
Employee recruitment, engagement and retention continue to be pressing points for employers to address. Companies are looking for ways to show both employees and candidates that they’re an excellent employer.