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Voluntary
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8 discounted perks programs that can boost employee morale
February 1, 2012It is becoming increasingly common to offer nontraditional benefits, or benefit "perks," to employees. As companies struggle with the cost of traditional benefits such as medical and dental plans, offering additional perk-type benefits are intended to boost employee morale.
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Culture key to work-life programs AOL benefits build culture of trust
February 1, 2012At Children's Creative Learning Centers child care centers, we think quite a lot about company culture, our own and those of our clients. When discussing the ways our centers can reflect the values of the companies they reside within, we help clients uncover and distill the elements that define them as an organization and discover those they want to pass along to their children. In the larger world of work-life and family-friendly programs, we have found that company culture is one of the main factors that determines the success of these programs and that, in turn, work-life programs can be a tool for a real cultural revolution.
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CLASS dismissed
January 1, 2012Arranging and financing long-term care is an issue everyone will face yet no one wants to talk about. However, following the Health Department's move to table the Community Living Assistance Services and Supports Act, planning for long-term care is becoming part of the national conversation - and that presents opportunities and challenges for employers.
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6 considerations for employees when shopping for LTC insurance
January 1, 2012As you consider offering more value-added benefits to your employee population, I encourage you to think about seriously offering long-term care insurance. As many of us are seeing our parents and other family members live well into their 80s and 90s, it's more and more likely that the elderly people in our lives will at some point need long-term care services. It's the rare and fortunate elderly person who continues to live independently in his or her own home without home care services.
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Deconstructing AD&D
January 1, 2012Semantics are supremely important in making or breaking certain lines of insurance.
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Holiday shopping meets social media
December 1, 2011Last month, a statement from McKinsey Consulting declared that "social innovators are bringing bold new approaches to the difficult problems that plague the world. The next disruptive force in social innovation will involve a new, more rigorous approach that funnels resources to where they can do the most good."
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Employee satisfaction is primary driver of employers’ voluntary benefits
November 9, 2011Although many companies continue to tighten their financial belts, when it comes to voluntary benefits, employers are much more employee focused, as opposed to cost driven. Seventy-five percent of employers say their top reason for offering voluntary benefits is to expand the benefits options available to their employees, with 42% offering voluntary benefits to fulfill an employee need, and 30% offering them at their employees’ request, according to a study released yesterday by Prudential.
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Planning a policy for two
November 1, 2011For executives and other high net worth individuals, an emerging voluntary benefit addition is survivorship life insurance - an area benefits professionals may want to explore when crafting executive benefits packages.
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Underinsured Gen Y values benefits
October 1, 2011Despite their "constantly wired" reputation, Generation Y employees don't use online resources such as forums or blogs to access voluntary benefits information any more than other workers do, according to new research. And they're significantly more likely than other workers to turn to a family member or friend for information.
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Report predicts rise in voluntary
October 1, 2011According to a LIMRA report released late last summer, "Voluntary Worksite Benefits: Penetration and Market Potential," almost one-third of all employers are considering offering new voluntary benefits to replace existing benefits that are paid entirely or in part by the employer.
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Metal mania
October 1, 2011Since 2008, Mass Metal in Lawrence, Kan., has helped individuals buy, hold and sell gold and silver through its online service, SilverSaver. Now the company is offering SilverSaver as a voluntary benefit program.
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DTFA 100 takes 'family-friendly' benefits literally
September 15, 2011Although the name Dave Thomas likely is most closely associated with the smiling red-haired girl in pigtails who serves as the icon for his chain of Wendy's restaurants and the burgers and Frosties the outlets serve, the restauranteur also was a passionate advocate for adoption. Himself an adoptee at age 5, Thomas spent most of his adult life championing adoption and making inroads with employers to provide adoption benefits.
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Employers to ramp up voluntary offerings
September 15, 2011As open enrollment season approaches, employees likely will see that they have more voluntary benefit options than in previous years, a survey by Colonial Life concludes. The insurer's poll of more than 750 HR managers and benefits administrators found that almost half (49%) expect to add voluntary benefits to their plans within the next year. Employers were asked about their employee benefits packages and benefits communication efforts.
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Prepaid tax services offered as benefit
September 15, 2011An entrepreneur has launched a new employee benefits service promising companies access to a network of certified public accountants who will offer prepaid tax preparation and year-round tax advice to their employees.
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Cartoon raises voluntary enrollment
September 1, 2011An online cartoon is changing the way employees think about voluntary benefits.
