Archive for the 'Voluntary Benefits' Category

Retirement Benefits Education a Sizable Motivator

Employees seek retirement advice from their employers

A majority of people have agreed they would like more guidance from their employer about how to achieve retirement goals according to the 11th Annual Transamerica Retirement Survey.

Perhaps not surprisingly, employees with a higher overall education level are more likely to be financially well in retirement. Only 63% of employees with only a high school diploma participated in a retirement plan, as opposed to 84% of those with a college degree.

But all education levels showed a desire for direction from their employers.

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Published by Sophie Asmar on February 8, 2011

Voluntary Benefits Education a Must

Voluntary benefits are ineffective without proper education.

Conceptually, offering voluntary benefits has a lot of attractive qualities for employers. In fact, 65% of employees said their voluntary benefits made them feel more loyal at work. But is simply offering them enough?

Voluntary benefits are ineffective without proper education, according to MetLife’s 2010 research and survey. These are valuable options for employees and employers alike, yet they are shrouded with misconception.

Consider the following statistics found in the recent studies:

  • 19% of employees surveyed didn’t even know they received discounts on home and auto insurance through their work.

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Published by Sophie Asmar on November 29, 2010