Most Popular Benefits
Paid Sick Leave
Paid Holidays / Vacation
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Northrop Grumman Corporation provides several pension and welfare benefits for their employees. Countless Americans, like Northrop Grumman Corporation workers, participate in employer-financed group health insurance, through which a considerable portion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for companies and tax-free for workers. Northrop Grumman Corporation provides health, dental, and vision plans. Northrop Grumman Corporation also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help guarantee a steady flow of income later in life, many employees take advantage of employer-financed retirement plans. Northrop Grumman Corporation provides defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, retirees are provided with fixed compensation when they retire. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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