Voluntary Benefits: No Cost to Business Owners, Big Gains for Employees

Business owners, here’s the deal: offering voluntary benefits to your employees doesn’t have to cost you a dime. In fact, it could even save you money.

How? Colonial Life provides a simple, complimentary HR platform that takes care of it all—without any hefty price tags attached.

Zero Cost to Offer Benefits

The great thing about voluntary benefits is that they are exactly that—voluntary. Your employees can choose the coverage they want, and they pay for it themselves through pre-tax payroll deductions. You don’t need to chip in unless you want to.

Free HR Platform

As long as you offer at least two Colonial Life products to your employees, you get access to a complimentary HR system. This means you won’t need to invest in another HR platform, which can be expensive and complex. Everything—benefits management, onboarding, even paid time-off requests—is streamlined in one place.

Manage All Benefits in One Place

With Colonial Life’s platform, your team can manage all their benefits, even outside health insurance, in a single dashboard. Employees handle their own supplemental benefits, like accident or disability coverage, and you save time and effort by having everything centralized.

Minimal Cost if You Want Extras

The only potential cost to the business? That’s if you decide to offer an employer-funded “benefit bank” or if you, as the business owner, opt to get supplemental coverage yourself. And even then, those costs are tax-deductible when using pre-tax deductions.

The Bottom Line

Offering voluntary benefits doesn’t cost you—your employees cover the cost, and you get a free HR platform that simplifies everything from onboarding to managing PTO. It’s a no-brainer that saves time, money, and makes you an even more attractive employer.

Give your team more options, and give yourself one less thing to worry about.