Not only is there a need for more ben-
efts options, the Afac WorkForces Re-
port also found signifcant differences
in the mindsets and attitudes of work-
erswho are offered voluntary insurance
benefts options, compared to thosewho
work for a company that does not offer
such benefts options. Employees who
are enrolled in or offered voluntary in-
suranceplansat theircompanyaremore
likely to say they are satisfed with their
benefts package, it meets their needs
and it is more competitive than their
peers’ benefts. A higher percentage of
these employees express more positive
feelings about their benefts and level
of protection. They are also taking full
advantage of their employee benefts.
See chart 2
Making voluntary insurance policies
available can allow companies to en-
hance their benefts offerings, differ-
entiate themselves from competitors,
and offer workers choices in additional
coverage that best suits their needs.
These types of supplemental insurance
policies and ancillary benefts offerings
will be a greater differentiator than
ever before in the battle to attract and
protect a talented workforce.
Employee
Views
Employer does not
offer voluntary
benefts options
Employer
offers voluntary
benefts options
Employees are satisfied with
benefits offerings
41%
55%
My current benefts package meets
my family’s needs
45%
60%
My employer takes
care of its employees
59%
67%
I’m taking full advantage of
my benefits offerings
46%
61%
A comprehensive benefits package
safeguards my health and wellness
59%
70%
The Role of Voluntary Benefts
at theWorkplace
CHART2