Employee Benefit Plans

Employee benefit plans are programs offered by employers to support and enhance employees’ well-being and financial security. These plans can include health insurance, retirement savings options like 401(k) plans, paid time off, life insurance, and other perks. They are designed to attract, retain, and motivate employees by providing additional value beyond regular wages. Benefits are often partially or fully funded by the employer and may vary depending on the company’s policies. Overall, these plans help employees manage health costs, save for the future, and enjoy work-related perks that improve their quality of life.