{"id":3003,"date":"2022-11-03T18:57:35","date_gmt":"2022-11-03T18:57:35","guid":{"rendered":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/?p=3003"},"modified":"2023-07-31T11:24:26","modified_gmt":"2023-07-31T15:24:26","slug":"recent-voluntary-benefits-survey-suggests-employees-need-more-education","status":"publish","type":"post","link":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/recent-voluntary-benefits-survey-suggests-employees-need-more-education\/","title":{"rendered":"Recent Voluntary Benefits Survey Suggests Employees Need More Education"},"content":{"rendered":"
In its survey, \u201cVoluntary Benefit Offerings in the U.S. Rise 41% During COVID-19 Pandemic,\u201d Aon reported a 41% increase in the number of employers offering additional voluntary benefits. It cited critical illness, accident, and hospital indemnity as being among the fastest-growing voluntary benefits. It also noted life insurance, student loan assistance programs, identity theft protection, legal benefits, pet care, and auto\/home protections as other popular voluntary benefits.<\/p>\n
Despite the continued interest in voluntary benefits, a January 2022 survey conducted by the employee benefits firm of Voya Financial found that 31% of American workers admitted not fully understanding any of the employee benefits they purchased during their latest open enrollment period. This is important for employers to recognize as it suggests the need for additional educational programs dedicated to voluntary benefits.<\/p>\n
In addition to this finding, other valuable information for employers uncovered by Voya Financial includes:<\/p>\n
The takeaways here are that employers must make strong efforts to support their employees need for both mental and financial well-being. While offering voluntary benefits is clearly a major step forward in achieving this goal, it is not enough without employee education. Employers should develop a robust program with educational materials that help employees understand the role of each voluntary benefit and how it will support them from a financial standpoint. This information should be provided in various formats, including educational on-demand videos, webinars, live programs and printed materials.<\/p>\n","protected":false},"excerpt":{"rendered":"
While employees are increasingly embracing voluntary benefits, recent surveys conducted by Aon and the employee benefits firm of Voya Financial suggest they still do not fully understand their benefits. In its survey, \u201cVoluntary Benefit Offerings in the U.S. Rise 41% During COVID-19 Pandemic,\u201d Aon reported a 41% increase in the number of employers offering additional… Read more »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/3003"}],"collection":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/comments?post=3003"}],"version-history":[{"count":4,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/3003\/revisions"}],"predecessor-version":[{"id":3415,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/3003\/revisions\/3415"}],"wp:attachment":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/media?parent=3003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/categories?post=3003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/tags?post=3003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}