Voluntary Benefits
Voluntary benefits are optional benefits that an employer offers to employees in addition to standard benefits like health insurance and retirement plans.
These benefits are typically paid for by the employees through payroll deductions, although some employers may subsidize a portion of the cost.
Common examples of voluntary benefits include dental and vision insurance, life insurance, short- and long-term disability insurance, legal assistance, wellness programs, and employee assistance programs (EAPs). Offering voluntary benefits allows employers to provide employees with more personalized options to meet their needs while controlling costs for the organization.
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