Costco Wholesale Company Benefits in Australia

At Costco Wholesale Company, employees are provided with some retirement savings plans and other amenities. Like Costco Wholesale Company, a large number of businesses in the United States fund group health coverage for their employees, through which companies typically cover a considerable portion of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for workers. Costco Wholesale Company provides health, dental, and vision coverage. Costco Wholesale Company also offers short-term disability insurance for accidents or illness and death benefits, which cover certain causes of death. To help secure a steady cash source later in life, countless employees participate in employer-sponsored retirement plans. Costco Wholesale Company provides defined contribution pension plans. With a defined contribution retirement plan, companies help workers save and invest for retirement.