Employees Look at Voluntary Benefits When Deciding to Stay or Go
Seventy six percent of employees say that voluntary benefits would affect their employer’s ability to retain them compared to 68% in 2020, according to a report by Corestream. More and more employers are adding voluntary benefits to their employee benefit plans because they have seen a positive impact on their retention and recruitment efforts.
HR professionals say that offering more voluntary benefits will:
Workers Say Benefits Will Play a Critical Role in Job Choices
Employers risk losing out in the race for talent if they don’t focus on benefits. Sixty-eight percent of employed individuals expect their workplace benefits to play a more critical role in choosing a job, according to a Voya survey. Sixty-one percent say the pandemic has made them think more carefully about the types of workplace benefits their employer offers.
Contact CoPower for the best strategies and products to attract and retain employees.
Submit Your Cases Easily with the CoPower Census
There’s now an easier way to submit your cases with the CoPower Census (All Carriers - CA). You are not required to use it. However, submitting a fully completed census means faster and more efficient underwriting and implementation of the case.
If you use the census, you don’t have to worry about submitting any of these forms:
Ancillary Answers
Ken Doyle, Market Strategist for Amwins Connect, offers insights on today’s ancillary benefits space.
Meeting the Growing Demand for EAP Services
As the country emerges from Covid-19 restrictions, there is a growing demand for mental health services, financial guidance, and assistance in finding childcare and eldercare. CoPower offers in-demand EAP Services through Unum Life plans to help employees get the confidential care and support they need:
Hitting the Road with Travel Assistance from Unum
Travelers are hitting the roads, rails, and sky this summer in record numbers. So it’s no surprise that more employers are asking about travel insurance. CoPower offers Travel Assistance with Unum Life at no additional charge. Here are just some of the services included: