In a post-pandemic world, employees’ needs have drastically changed, especially when it comes to health benefits. The advent of pet ownership across the US, for example, has led to a demand in benefit policies that include pet insurance, and remote settings have allowed employees to evaluate their unique needs when it comes to their employee benefits.
A lot of these changes have made the idea of voluntary benefits widely popular and highly attractive. In fact, a survey recently showed that 90% of employees think voluntary benefits are either somewhat or very important.
Organizations that want the best for their employees, want to attract and retain high quality candidates, and want to enrich their current benefits program should consider offering a voluntary benefits plan your employees want right now.
For both employees and their employers, there are a plethora of benefits to offering a voluntary benefits plan. Below we’ll get into how offering voluntary benefits to your employees can contribute to the health and wellbeing of your employees and your organization.
On top of all the above-mentioned reasons why it makes sense for employers to offer voluntary benefits, you can expect to see a boost in employee engagement, satisfaction, productivity, and morale. When your employees are healthy and happy, so is your organization.
For employees, many of whom are younger and coming off of a difficult year and a half through the pandemic, the upside to voluntary benefits can seem endless. More options, more specificity, cheaper plans, and a greater sense of ease.
Below we’ll get into why employees want voluntary benefits and why you should be offering those benefits to them.
A recent wellbeing trends survey found that 70% of organizations in the US plan to bolster their health plans and benefits programs to include financial wellbeing, and 35% intend to increase spending on health and wellbeing overall. These are great indications that employers are listening to employees and what they’re asking for, and it’s incumbent on employers to provide the kind of care employees want if they want to remain competitive in today’s markets.
At the core of voluntary benefits is customizability, personalized benefits, and options that reflect the diverse needs of your employees. With Grokker, you can offer all of the things employees want and need from a single, all-in-one wellbeing solution.
Grokker’s state-of-the-art platform offers employees the support they need to achieve their wellbeing, nutrition, fitness, sleep, and financial wellbeing goals, among others. On top of that, they can access Grokker’s wide range features - including videos, reward systems, tracking capabilities, and challenges/incentives - from anywhere in the world.
Try Grokker today, and empower your employees with the support and benefits they actually need.