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Survey: 1 in 3 companies missing out on this effective benefits booster

Christian Schappel
by Christian Schappel
October 21, 2010
1 minute read
  • SHARE ON

One-third of all employers are missing this prime opportunity to increase their value in the eyes of today’s workers.
The vast majority of U.S. workers (83%) think more highly of employers that offer voluntary insurance benefits than those that don’t.
Unfortunately, 33% of employees say their company doesn’t offer these benefits.
Those findings come from a survey of 2,500 working Americans over the age of 18 conducted for the insurer WellPoint, Inc.
A useful recruiting tool
One finding that may surprise some companies: Prospective employees value voluntary benefits even more than existing employees.
Nearly 90% of prospective employees say that when it comes to accepting a new job it’s important companies offer them a full range of health benefits — including voluntary. And nearly half of those respondents called voluntary benefits “very important” when deciding whether to take a job.
Another reason why your company may want to look into bolstering its voluntary benefits offerings: 67% of workers said that their productivity would increase if their employers provided such benefits.
In addition, employees’ satisfaction rate with the benefits they’re offered at work was 30% higher among those who had access to voluntary benefits.
Does your company offer voluntary benefits? If so, what voluntary benefits are the most popular among your workers? Let us know in the Comments Box below.

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