What is Voluntary Benefits?

Whether you're a beginner or an expert, you will find this Glossary useful.

Voluntary benefits refer to products/benefits paid at a lesser rate by the employees most often through payroll deductions where the employer pays for the costs of benefits administration.

what-is-voluntary-benefits

Voluntary benefits definition

Voluntary benefits refer to products/benefits paid at a lesser rate by the employees most often through payroll deductions where the employer pays for the costs of benefits administration.

Voluntary benefits are great incentives for employees to stay within a company and it provides the opportunity for company to decrease their payroll taxes.

Voluntary benefits examples

• life insurance

• dental

• vision

• disability income

• car insurance

• long-term care coverage

• medical supplement plans

• homeowners insurance


Free Glossary of Human Resource Terms

Improve your HR vocabulary by learning the most important HR terms & Definitions

Download Now

2018 Guide for Buying a Recruiting Tool

Download this guide with useful advices for buying a recruiting software tool that will help you improve your hiring efforts.

Get the Guide
TalentLyft ATS

Your Hiring Teammate

TalentLyft is intuitive and simple recruitment software specialized for SMBs.
Try it free for 14 days!
No credit card required, unsubscribe at any time.