Employment
Employee benefits are non-wage compensations provided to employees in addition to their regular salary or wages. These benefits are offered by employers as a way to attract and retain talent, enhance job satisfaction, and promote overall employee well-being. Common employee benefits include:
Employers may offer health insurance coverage to help employees pay for medical expenses, including doctor visits, hospital stays, prescription medications, and preventive care.
These include employer-sponsored retirement savings plans such as 401(k) or pension plans, where employers contribute funds to help employees save for retirement.
This includes vacation days, sick leave, and holidays during which employees are paid while not working.
Employers may offer options such as telecommuting, flexible scheduling, or part-time work to accommodate employees’ personal needs and preferences.
Some employers provide life insurance coverage to employees, offering financial protection to their families in the event of the employee’s death.
This benefit provides income replacement for employees who are unable to work due to a disability or illness.
Coverage for dental care and vision-related expenses, such as eye exams, glasses, and contact lenses.