Voluntary benefits are discounted products made available through the employer which employees can choose to purchase. Sometimes the employer makes a small or equal contribution towards the cost of purchasing the benefit.
• Are used by employers to improve the value of the overall benefits programme for their employees through a wider choice and discounted pricing. • They increase the range of employee benefits employers provide without a big impact on employers costs. • They are often used as a first step towards implementing flexible benefits prior to introducing a full flex scheme?