Employers are under pressure to offer a broader range of benefits to employees as governments worldwide either cut back on state-funded benefits or require employers to offer benefits to employees that have not historically received them. With benefit costs outpacing inflation in many countries and employers unable to pass along these costs to employees, voluntary benefits represent an attractive option for employers who wish to reign in expenses while maintaining broad benefit offerings. Employees pay for these benefits, but often at discounted prices and with less underwriting compared to the same products in the open market.
See which benefits employees are willing to pay for themselves by viewing the infographic which follows.
Infographic by Mercer Insights
