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Employees want voluntary benefits

November 23, 2010
Despite having to absorb all costs out of pocket, employees still seek voluntary benefits and increasingly are asking employers to provide a wider array of products and options, according to MetLife's Employee Benefits Trend Study. Some 59 percent of employees are purchasing voluntary benefits, and 61 percent say they are interested in having their employer offer even more, the study found. As more employees face "a triple threat to their financial security-planning for retirement, saving for a child's education and caring for an elderly parent-more employees are appreciating the convenience and value of purchasing insurance and investment products in the workplace," said Rob Henrikson, MetLife president of insurance and financial services.