Employee benefits and personal insurance

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Employees gathered around a computer at a desk.

In today's dynamic job market, where employees often seek new opportunities, offering attractive benefits has become instrumental in talent retention. According to a study by the Society for Human Resource Management (SHRM) 60% of employees consider employee benefits as a crucial factor in their decision to stay with their current employer. For those exploring new employment prospects, 38% are motivated by the promise of better benefits and perks. This underscores the importance of demonstrating genuine concern for employees' well-being and personal needs, fostering loyalty and dedication.

Businesses are recognizing the immense value of expanding their employee benefits package to include comprehensive insurance solutions that go beyond traditional medical and dental coverage. These offerings now encompass aspects such as work-life balance, mental health, home improvement, pets, legal matters and personal insurance options. Platforms like VIU by HUB provide an additional layer of interest and engagement, offering unbiased expert advice to make sure consumers find adequate personal insurance coverage.

Benefit offerings support employee lives and play an immense role in people’s financial wellness by providing not only affordable insurance coverage, but insurance that properly covers their unique circumstances. Recognizing that financial wellness is a cornerstone of a secure life and offering comprehensive insurance options as part of employee benefits is a significant stride towards supporting employees' overall financial well-being.

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Frictionless choice and personalization

Personal insurance, which ranks among the top household expenses, plays a pivotal role in safeguarding individuals and their families from unforeseen financial burdens. By including it in the benefits package, employers provide a critical layer of protection that contributes to employees' peace of mind. This not only fortifies their financial resilience but also underscores the company's commitment to their holistic welfare. In an ever-changing economic landscape, these measures signal a proactive approach to nurturing a stable and thriving workforce.

One key advantage of incorporating personal insurance services like home, auto and pet coverage into employee benefits is the ability for employees to shop for insurance that fits their life’s circumstances in one place. VIU by HUB's digital insurance brokerage platform and team of knowledgeable advisors empower employers and employees alike to access a diverse range of coverage options. This level of choice and personalization not only aligns insurance coverage with individual needs but also simplifies the decision-making process, ultimately contributing to a positive purchasing experience. This showcases a company's commitment to employee well-being and financial wellness.

Comprehensive coverage in an evolving landscape

The insurance landscape has evolved significantly, necessitating a proactive approach to addressing the changing needs of today's workforce. Offering comprehensive insurance services as part of employee benefits demonstrates a forward-thinking stance and the prioritization of employee financial wellness.

By embracing insurance solutions as a retention strategy, businesses not only attract and retain top talent but also foster a culture of care and support that permeates the organization. Partnering with platforms like VIU by HUB, companies can offer employees the vital benefits of choice, personalization, comprehensive coverage, and access to neutral advisors for expert advice. As the job market continues to evolve, the role of insurance in employee benefits proves to be a powerful tool in building lasting connections between employers and their workforce. Customers can seamlessly obtain quotes digitally while also having the option of seeking neutral advice from experienced licensed insurance advisors. This omnichannel approach makes sure employees have access to the support they need, regardless of their preferred interaction method.