Voluntary benefits
Voluntary benefits is programs offered to and paid by employees. Extra benefits or discounted services offered to employees with little extra cost to the employer (for example, additional life insurance, gym memberships, and concierge services).
Definition
According to the HRBoK Guide,
- Voluntary benefits. Programs offered to and paid by employees. Extra benefits or discounted services offered to employees with little extra cost to the employer (for example, additional life insurance, gym memberships, and concierge services).
