Employees of every age are utilizing technology in their daily lives. About 92 percent of millennials access the internet daily, and one in five of them exclusively do so through mobile devices. Just 68 percent of Baby Boomers use more than one digital device.
LifeWorks Northwest believes that just as touching a single life can strengthen an entire community, touching the life of one employee can strengthen its entire organization.
When employees fully understand their health benefits and retirement options, they can confidently take control of their future and be better prepared. BCI Group has found conducting regular employee group and one-on-one education sessions for employees and their families adds great value to the benefit program.
Voluntary benefits are optional insurance products offered by employers to help complete the overall corporate benefit program. Employees can choose to enroll in the benefits at their expense and in many cases on a pre-tax basis. Some examples of voluntary benefits are dental, vision, life, short- and long-term disability insurance.
There are few larger responsibilities than that of someone else’s money. As a qualified retirement plan sponsor, one is considered a plan fiduciary, and thus, their responsibility falls into the category of “someone else’s money.”