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Benefits

Benefits

Programs an employer uses to supplement the cash compensation that employees receive. These programs are designed to protect the employee and his or her family from financial risks.

Types of Benefits
Legally Required/Mandated

Unemployment Insurance
Worker’s Compensation Insurance
Social Security Insurance
Medicare
State Disability Insurance (if applicable)>

Pay for Time Not Worked
Vacation
Holiday
Sick Leave
Bereavement Leave
Leaves of Absence
   (Military, Personal, Medical, Family Medical)
Retirement

Defined Benefit Plan
Defined Contribution Plan
Profit Sharing Plan
Hybrid Plan Referral Bonus
Health & Welfare

Medical Plan
Dental Plan
Vision Plan
Prescription Drug Plan
Flexible Spending Accounts (FSAs)
Health Reimbursement Accounts (HRAs)
Health Savings Accounts (HSAs)
Mental Health Plan
Life Insurance
Spouse/Dependent Life Insurance
AD&D Insurance
Short-Term/Long-Term
Disability Insurance
 
Learn More

The Business of Benefits Blog

Benefits News

WorldatWork Glossary

Benefits Courses & Seminars

WorldatWork Bookstore

WorldatWork Membership

Free Downloads

WorldatWork Survey Briefs

WorldatWork Total Rewards Model
and Inventory Checklist

WorldatWork Total Rewards
Model PowerPoint Slide

 

(You are welcome to download the total rewards model for your own educational purposes with appropriate attribution to WorldatWork. Individuals who wish to use the model as part of public presentations should contact WorldatWork in advance for permission.)