METLIFE STUDY ANSWERS THREE COMMON VOLUNTARY BENEFIT MISPERCEPTIONS

According to MetLife’s 11th Annual Study of Employee Benefits Trends, the percentage of employers reporting that they make voluntary benefits a significant benefits strategy has grown year over year, from 32% in 2010 to 58% in 2012. In addition, 47% of employers who currently offer voluntary benefits say they are likely to increase the number of voluntary products they will offer in the next two years. 

Here are the three common misperceptions, and the statistics the MetLife study offers to overcome them.

Misperception #1: “Voluntary benefits are nice to have, but not critical for my retention and productivity goals.

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