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Member, Beacon International Group, Ltd.
Fueled by shrinking dollars and an eagerness to protect themselves against financial problems, employees are more interested in adding voluntary products to their mix of benefits in the coming year, according to a new survey from Voya Financial, reports HR Executive. Voya found that 63% of employees indicate that they are likely to participate in voluntary benefits offered by their employers – such as critical illness, hospital indemnity, disability income and accident insurance. That’s up from a year ago when 45% said they were interested.