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More benefits costs falls on employees

To add more value to employer benefits, employees expect more paid voluntary benefits at a time when more employers are placing the financial burden on employees because of the down economy.

By Amanda McGrory-Dixon | Updated on October 06, 2010

To add more value to employer benefits, employees expect more paid voluntary benefits at a time when more employers are placing the financial burden on employees because of the down economy, finds The Rise in the Employee-Driven Benefits Model, a recent report released by Prudential Financial Inc, Newark, N.J.

Forty-three percent of surveyed plan sponsors say they are more closely researching voluntary alternatives while 20 percent of employees have added a new voluntary benefit through their employer in the past year, the report notes.

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