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Questions about Employee Group Benefits?
Employee benefits are various non-wage compensations provided to employees in addition to their normal wages or salaries. Employee benefits might include medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group-term life and long term care insurance plans. Companies who offer these types of work-life perqs seek to raise employee satisfaction, corporate loyalty, and worker retention by providing valuable benefits that go beyond a base salary figure. Normally, employer-provided benefits are tax-deductible to the employer and non-taxable to the employee. The purpose of employee benefits is to increase the economic security of staff members, and in doing so, improve worker retention across the organization.
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2916 Pine Grove Avenue
Port Huron, MI 48060
Phone: (810) 984-1373
Fax: (810) 984-1384