
Benefit Plans
Benefit plans are arrangements offered by employers to provide additional support to employees beyond their regular salary. These plans can include health insurance, retirement savings options, paid time off, and other perks that enhance financial security and overall well-being. Benefit plans are designed to attract and retain talent by ensuring that employees have access to essential services and resources, promoting a healthier work-life balance. They play a crucial role in employee satisfaction and can impact job performance and morale.