Everything You Need To Know About Employee Benefits
There are so many things to think about when applying for a job such as the kind of job, the company, the salary and of course the benefits. One of the most important thing to consider when applying for a job is the employee benefits. The benefits that the company will provide is their commitment to you so that you will stay healthy and also have financial security. The benefit packages that are usually provided by companies could cost about 30% of your entire salary.
Employee benefits is the compensation that will be provided by the employers to their employees aside from their salary. There are actually a lot of kinds of employee benefits. I will provide a list of the most common employee benefits. Know more about employee benefits.
Below is a list of the most common employee benefits that are provided by employers to all of their employees:
A. Paid sick leave and vacation leave.
B. Dental insurance
C. Medical insurance
D. Life insurance
E. Vision insurance
F. Supplemental insurance
G. Long term care insurance
H. Flexible spending accounts
I. Disability insurance
J. Legal assistance plans
K. Retirement benefits like pension plan
L. Company cars
M. Discount programs
O. Employee assistance
The employee benefits that are offered will depend on the employer. The most used benefits are the medical benefits, paid vacation leave and sick leave and the retirement benefit. Most of the time part time employees do not get benefits, however there are still some employers that do. Learn more about employee benefits.
You can actually negotiate with the benefits that are offered by the employer and you can do this when they let you evaulate the job offer. There are even instances when the employer will offer additional benefits.
If you are applying in a big company then you should expect huge benefit packages. However, if the company is small then you should also expect a normal benefit package.
Nowadays, there are a number of companies that provide a list of the benefits that they will offer to every employee that they have. Today the internet is so useful. Before applying, you should check the website of the company first.
The law requires that every employer should be consistent with the benefits that they offer to their employees. Employees that are promoted usually have additional benefits. Your benefits will actually be deducted in your payroll. You can ask for the list of the contributions that you have given.
It does not matter what kind of job you will apply for, you just need to know and understand the benefits that they will offer.