This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Study From Transamerica Finds Employees Favor Companies That Offer Voluntary Benefits

LITTLE ROCK, Arkansas, April 21, 2014 /PRNewswire/ --

In today's fast-changing health care landscape, voluntary products are changing the employee benefits game. Sixty-five percent of employees say it is important that their employer offer these products. However, 47 percent of employees surveyed have not been offered an additional voluntary product since health care reform was implemented in 2010. These statistics were derived from an online nationwide survey recorded by Harris Interactive on behalf of Transamerica Employee Benefits (TEB), a marketing unit of Transamerica Life Insurance Company.  

The survey results are a part of a new white paper by TEB entitled "Game Changer: How Voluntary Benefits Give You the Advantage in Today's Health Care Reform World."  It is the first in TEB's "The Benefits of Choice" series that explores the role of voluntary products today with the ongoing implementation of health care reform. The paper also identifies which types of insurance are essential components of an employee's overall compensation package and how these offerings help employers meet their HR objectives.

"Employee benefits are one of the most important factors in recruiting and retaining good employees. A robust package that includes voluntary products helps employers acquire and retain a talented, productive workforce," said Randy Clarkson, president of Transamerica Employee Benefits. "This is especially true now with the diverse needs of employees."

Additional survey results show respondents' engagement in voluntary products and their desire to purchase them.
  • Nearly two-thirds of respondents (62 percent) said they are at least somewhat likely to purchase voluntary products in order to make sure they and their family have the right choices for their health care situation.
  • Sixty-four percent of respondents said their knowledge of voluntary products is about the same as it was three years ago.
  • Employees consider price, need and fear of inadequate coverage as most important when purchasing voluntary products.
  • Nearly one-half (46 percent) of respondents say it is likely or very likely that they would remain at their current employer primarily due to the voluntary products package offered.
  • Lastly, respondents were asked how they would like to receive information about their benefits from their employer. The top three responses were email (54 percent); employer internet/intranet site (29 percent) and one-on-one meetings (27 percent).

A free copy of the white paper is available for download at the Transamerica Employee Benefits website

About Transamerica Employee Benefits 

Transamerica Employee Benefits is a business unit of Transamerica Life Insurance Company. At Transamerica, we help our customers Transform Tomorrow®. Insurance products and services are issued by Transamerica Life Insurance Company, Cedar Rapids, IA, and its affiliates.

With more than a century of experience, Transamerica has built its reputation on solid management, sound decisions and consumer confidence. For more information, visit

Survey Methodology 

A nationwide survey of 2,028 U.S. adults employed full-time by companies who provide employee benefits was conducted online October 7-9, 2013 by Harris Interactive® on behalf of Transamerica Employee Benefits. The purpose of the survey was to gain a greater understanding of knowledge of and likelihood to purchase voluntary benefits by those who are employed full-time and whose employers provide employee benefits such as health insurance and life insurance. For complete survey methodology, including weighting variables, please contact Jeff Caldwell at Transamerica Employee Benefits at

Contact: Jeff Caldwell, Marketing Director, Transamerica Employee Benefits, +1-800-400-3042 ext. 1271151,


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs