Employees Favor Companies that Offer Voluntary Benefits

Sixty-five percent of employees say it’s important for employers to offer voluntary products. However, 47% have not been offered an additional voluntary product since health care reform is implemented in 2010, according to a survey by Harris Interactive on behalf of Transamerica. The survey also reveals the following about employees:
* 62% are at least somewhat likely to purchase voluntary products in order to make sure they and their family have the right choices for their health care situation.
* 64% say their knowledge of voluntary products is about the same as it is three years ago.
* Employees consider price, need and fear of inadequate coverage as most important when purchasing voluntary products.
* 46% say that it is likely or very likely that they would remain at their current employer primarily due to the voluntary products package offered.
* When asked how they would like to get information about their benefits 54% said email; 29% said employer internet/intranet site, and 27% said one-on-one meetings.
A free copy of the white paper is available for download at http://www.transamericabenefits.com.

Last Updated 08/10/2022

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