Higher-income workers are more likely to be offered voluntary benefits and more likely to enroll, according to a survey by the Employee Benefit Research Institute and Greenwald Research. The survey reveals that:
- 50% to 60% of workers with household incomes of at least $75,000 were offered voluntary accident insurance, supplemental health insurance, critical illness insurance, or cancer insurance. Fifty-two percent to 58% of them enrolled
- 25% to 29% of workers with household incomes of less than $35,000 were offered voluntary benefits. Only 27% to 40% of them enrolled
- 53% to 61% of workers with a high concern about their financial well-being enrolled
- 38% to 50% of workers with a low concern about their financial well-being enrolled
The experts at CoPower can help you communicate the value of voluntary benefits to employees in all income groups.
Rodney Mattos
CoPower Regional Sales Manager
Email: rmattos@copower.com
Phone: 916.261.9280
Schedule an Appointment with Rodney
or
Jason Diffenauer
CoPower Sales Account Manager
Email: jdiffenauer@copower.com
Phone: 650.931.1731
Schedule a meeting with Jason
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