voluntarybenefits

Voluntary Benefits That Attract Top Talent

By Thomas Broderick

Voluntary benefits help companies diversify their benefits offerings and tailor them to the talented professionals they want to attract and retain. As companies and employees’ needs change, so can voluntary benefits.

In this article, we’ll discuss some of the most popular benefits that attract top talent, including myKlovr’s affordable college admission-counseling service.

Family Benefits

Many traditional benefits (e.g., health insurance) already help both employees and their families. However, as millennials who enjoy voluntary benefits start families, they will want voluntary benefits that help their spouses and children. Employers that offer these benefits can forge a deeper connection with their employees, reducing the odds that those employees will leave for other opportunities.

Voluntary benefits that help families come in many forms:

  • Public Transportation Passes
    • Employee benefit: Employees who take public transportation have more energy when they arrive at work.
    • Family benefit: Spouses and children can save money on travel in their local communities.
  • Gym Memberships
    • Employee benefit: Employees maintain good health, which saves employers money on health insurance plans.
    • Family benefit: Families can bond through physical activities.
  • Additional Health Insurance
    • Employee and family benefit: Families can save money on unexpected health emergencies.
  • Life Insurance Policies
    • Employee benefit: Employees, knowing that the policy will take care of their families if the worst should happen, feel higher loyalty toward their employers.
    • Family benefit: Families do not have to pay as much for life insurance policies.

Like with all voluntary benefits, employees pay a reduced cost compared to if they had obtained these services on their own. However, when it comes to providing voluntary benefits to employees with children, employers must consider not only how many employees have children, but also those children’s ages. As children age, so do parents’ priorities. Employees with young children may sign up for a life insurance policy, while employees with high school-aged children may desire something different.

That’s where myKlovr comes in.

How myKlovr’s Voluntary Benefit Meet Employers’ Needs

MyKlovr’s revolutionary voluntary benefit provides employers a new and unique way to attract and retain employees with high school-aged children. For a low monthly rate, students can make a custom profile, and after answering a few simple questions, receive individualized college admissions advice.

The system works by helping high school students create a series of academic and extracurricular goals for their freshman-senior years. Parents and other trusted adults (e.g., teachers, counselors) can view these goals at any time and keep track of when and how students complete them.

Students’ myKlovr accounts also boast a portfolio wherein students can curate their best academic achievements (e.g., research papers, projects, awards, etc.). This way, students do not have to rummage through four years’ worth of work when it comes time to write college application essays and ask teachers for recommendations.

Not only does myKlovr provide valuable advice and a place where students can organize their best work, but it also pairs students with colleges and universities that match their academic performance and potential. We at myKlovr are so confident in our ability to match students with potential colleges that we developed the MyKlovr College Acceptance Promise. If students do not receive an acceptance from at least one school in their College Match, myKlovr will refund their subscription fee.

In other words, if we make a mistake, we pay for it, and not your company.

Final Thoughts

To attract and retain the best talent, your company should offer voluntary benefits that positively impact employees and their families’ well-being. Start by researching your employees’ family lives and preferences. And if myKlovr doesn’t meet your employees’ needs at this time, keep us in mind as your employees’ children reach their teenage years.

Your employees – and their families – will thank you.

[Press Release] MyKlovr Offers Best-In-Class Virtual College Counseling Benefits via Namely’s Brokerage Services

By myKlovr

Partnership Makes Disruptive College Planning Technology Available to Namely’s Clients as Voluntary Benefit

(New York City, June 4, 2019) MyKlovr, a growing virtual counselor for college-bound students and their parents, has entered into a partnership with Namely, a leading HR platform for mid-sized companies, to offer a first-of-its-kind benefit to its 1,300 corporate clients. Starting today, companies that use Namely’s brokerage services to manage employee benefits can offer myKlovr’s virtual college counseling services as an innovative education planning benefit.

Founded in 2016, myKlovr enables students and parents to leverage artificial intelligence to receive personalized, step-by-step guidance to increase their chances of being admitted into the college that suits them best. The platform offers in-depth support for the whole college-planning process, from school identification and academic readiness to detailed action plans and financial preparation.

“Planning for college is one of the most important life phases for a student and their parents, and it is often one of the most stressful,” says Gustavo Dolfino, CEO of myKlovr. “We wanted to work with an innovative partner like Namely to ensure we are bringing our platform to a wider audience who can benefit from the relieved pressure and stress our first-of-its-kind platform offers.”

With this partnership, Namely now offers myKlovr as an efficient post-tax voluntary benefit for clients’ employees and their families through seamless, convenient payroll deductions.

“We are thrilled to offer myKlovr’s suite of products to our valued brokerage services clients as part of our growing portfolio of both traditional and non-traditional benefit options,” said Vin DiDonna, benefits director at Namely. “We are always looking for ways to extend the innovative benefits we offer, so we can help our clients differentiate their mid-sized businesses by better serving employees, and we expect this college planning platform to provide immense value.”

Namely’s award-winning, powerful, easy-to-use technology allows companies to handle all of their HR, payroll, time management, and benefits in one place. Coupled with best-in-class account support, every Namely client gets the software and service they need to deliver great HR and a strong, engaged company culture.

About myKlovr
MyKlovr is a media division of Student Global, LLC, established in New York in 2016. MyKlovr is the first-of-its-kind virtual college counseling platform that utilizes predictive data analytics and artificial intelligence to increase every high school student’s chances of college admission. For more information, visit www.myklovr.com.

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