In today\u2019s workforce, women are increasingly taking on the role of primary benefits providers for their households. Yet, many female employees feel underserved by the benefits available to them. A recent article from Employee Benefit News highlights this growing concern and calls on employers to take action by offering more inclusive, responsive benefits packages<\/p>\n
At Amalgamated Life Insurance Company<\/a>, we recognize that benefits are more than just a workplace perk, they are a lifeline for financial wellness, family support, and long-term security. Our insurance solutions are designed to meet the evolving needs of today\u2019s workforce, including voluntary benefits that empower employees to take control of their financial futures.<\/p>\n According to research<\/a>, fewer than 60% of women with household incomes under $50,000 feel confident managing money, insurance and benefits. This lack of financial literacy and benefits education is a major barrier to empowerment. At Amalgamated Life, we offer educational resources as part of our voluntary benefits portfolio, helping employees better understand and utilize their coverage.<\/p>\n Two-thirds of women are the primary providers of their household\u2019s benefits. This makes them a vital audience for employers, unions, and fund administrators, requiring tailored offerings to effectively engage. Our robust suite of voluntary benefits, including accident, accidental death & dismemberment and life insurance, provide essential coverage and peace of mind, especially for those managing both work and caregiving responsibilities.<\/p>\n Caregiving support is another area where women report significant unmet needs. Many say they cannot expand their families due to economic constraints, and inadequate childcare benefits or paid time off policies only add to the challenge. Amalgamated Life offers protection solutions like critical illness and disability coverage, helping ease the financial burden of caregiving when unexpected events occur.<\/p>\n Educating the workforce about these unmet needs and knowledge gaps is crucial to bridging the benefits gap. Only 66% of women feel they understand their benefits, which leads to disengagement and dissatisfaction. Employers, unions, and fund administrators can improve this by offering personalized communication and peer-led education.<\/p>\n Closing the benefits gap for female workers is not just about adding new options, it\u2019s about listening, educating, and empowering. Amalgamated is proud to partner with employers, unions and fund administrators who are committed to building inclusive workplaces where every employee feels supported.<\/p>\n Let\u2019s move beyond a one-size-fits-all approach. By asking the simple question, \u201cWhich benefits matter most to you?\u201d and responding with thoughtful, flexible solutions, we can create a benefits landscape that truly works for everyone.<\/p>\n","protected":false},"excerpt":{"rendered":" In today\u2019s workforce, women are increasingly taking on the role of primary benefits providers for their households. Yet, many female employees feel underserved by the benefits available to them. A recent article from Employee Benefit News highlights this growing concern and calls on employers to take action by offering more inclusive, responsive benefits packages At… 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":[],"class_list":["post-4690","post","type-post","status-publish","format-standard","hentry","category-blogs"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/4690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/comments?post=4690"}],"version-history":[{"count":2,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/4690\/revisions"}],"predecessor-version":[{"id":4692,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/posts\/4690\/revisions\/4692"}],"wp:attachment":[{"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/media?parent=4690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/categories?post=4690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/wp-json\/wp\/v2\/tags?post=4690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}