Typically, employees think about their benefits two times: when they are first hired and the day before benefits elections are due. This year, however, things are very different. According to recent research from Voya Financial, 71% of employees plan to spend more time reviewing their voluntary benefits this year compared with last. The reason for the change is simple: COVID-19.
Source: gustavofranzao / iStock / Getty COVID-19 Driving Increased Interest in Voluntary Benefits
“There has been a clear focus within the last six months from both employers, as well as employees to think more thoroughly about their benefits,”