Why You Should Offer Voluntary Benefits
The importance of offering benefits in the workplace continues to rise, but the cost of offering company-paid benefits also continues to increase. Voluntary benefits offer a great option. As an employer, you’re still able to offer your employees great benefits for a fair price, at little or no cost to you. Still not sold on offering voluntary benefits? We’ve broken down some of the advantages voluntary benefits have.
- Protecting your employees’ overall health. It’s no secret that companies can’t operate without their employees, so making sure they’re healthy is crucial. Did you know that both vision and dental exams can detect systemic diseases such as diabetes, hypertension, heart disease and more? By offering voluntary vision and dental plans, you can make it possible for employees to stay up-to-date with their yearly exams.
- Increasing employee productivity. Untreated dental or vision issues can start to affect an employee’s work day. According to the National Institute of Dental and Craniofacial Research, over 20 million work days are lost due to dental illness. In addition, if an employee suffers from even a slight vision issue, it could result in a 20 percent reduction in productivity. If employees have access to proper treatment, their work doesn’t have to suffer.
- Employee recruitment and retention. Most companies that offer an employee benefits package see less turnover and find it easier to attract better quality job candidates.
- Great rates and options. Although employees are still paying for their benefits, they still get access to lower group rates. Not to mention, many voluntary benefit packages have options, allowing employees to pick an option that suits their individual needs.
Interested in learning more about VBA vision and dental plans? Contact us today.
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