Most Popular Benefits
Paid Holidays / Vacation
Company Pension Plan
Paid Sick Leave
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Flex-Time / Flexible Schedule
Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Abbott Laboratories offers several retirement plans and welfare benefits to promote employee well-being. Like Abbott Laboratories, a large number of companies in the United States provide health benefits, through which employers typically cover a sizable proportion of their employees' health insurance premiums. In this setup, businesses are provided with tax deductions for their contributions and workers are provided with the plans tax-free. Abbott Laboratories provides health, dental, and vision coverage. Abbott Laboratories also offers long-term disability insurance, group life insurance, death benefits, which cover certain causes of death, and short-term disability insurance for accidents or illness. To help guarantee a dependable money source later in life, many employees avail themselves of employer-financed pension plans. Abbott Laboratories provides defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, employees receive fixed payments upon retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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