Long Term Care / Voluntary Benefits
08/22/2006
As employee benefits costs consume a larger percentage of the total salary and compensation budget dollars, employee morale and employee retention performance plummet. HR professionals are seeking creative solutions to address these competing demands. The emergence of work-life balance benefits introduced in the workplace, but funded through employee payroll deductions, are a win-win solution for all. The most common work-life benefit involves some type of childcare service either via a pre-tax dependent care account or on-site day care. However, as our population ages and more employees face caring for aging parents, introducing elder services and access to Long-Term Care protection is more in demand. Other voluntary benefits include Legal Services, as well as, Supplemental Life and Disability Protection. Your team of experts at Yozell Associates is knowledgeable about the entire realm of voluntary employee benefits and is available to discuss how they can improve your organizations employee morale.
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