Benefits provide Employees more than a Paycheck

 

One of the best ways to attract and retain quality, happy employees is to offer a competitive, comprehensive benefits package. Voluntary benefits, also known as worksite, group or employee-paid benefits, are a cost-effective solution to help employees offset out-of-pocket medical expenses. Voluntary benefits can help your employees fill the gaps created by high-deductibles and rising co-pays, providing the financial security they need and deserve. Employees’ premiums can be payroll deducted and administration is simple.
 

ManhattanLife offers a broad selection of voluntary benefit products, the Premier Series™Prestige Series™, and Quick Case™, through distinct distribution channels. Contact us to find out which best suits your needs.

Why offer Voluntary Benefits?

 

  • Expanded Benefits – Voluntary benefits allow an employer to offer a more comprehensive benefits package at no additional cost that protects employees from unexpected expenses bringing peace of mind to your employees.
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  • Lower Attrition – Half of employees say their benefits are an important reason why they stay with their employer and 43% listed their benefits as an important reason for coming to work for their employer.2 Taking into account that 88% of employees feel the offer of voluntary benefits is an important part of a comprehensive benefits program.3
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  • Cost-control – Voluntary can help offer comprehensive wellness, communication and engagement, and other value-added solutions and services to reduce unnecessary costs.
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  • Online & Offline Enrollments – Industry leading enrollment methods for groups (large and small) via secure online forms, web API, and an easy to implement offline system.

 

 

Premier Series

Prestige Series

Quick Case

 

 

74 percent of CFOs agreed or strongly agreed that offering voluntary benefits is a cost-effective way to increase employees’ satisfaction with overall benefits.1

 
Getting Results from Voluntary Benefits,” Society for Human Resource Management, Sammer, Joanne. August 2013.
2 MetLife’s sixth annual Employee Benefits Trend Study
New Study Highlights How Cost-containment Efforts of U.S. Businesses Affect Employee Benefits and American Workers”. Wall Street Journal. May, 2014.