Most Popular Benefits
Flex-Time / Flexible Schedule
Paid Sick Leave
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Gym / Health Club / Fitness Membership
Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
At Textron, Inc., they provide several retirement savings plans and other welfare benefits for their employees. Like Textron, Inc., many employers in the United States provide health benefits for their employees, through which businesses typically pay a significant proportion of their workers' health insurance premiums. These contributions are tax deductible for companies and tax-free for employees. Textron, Inc. offers health, dental, and vision insurance. Textron, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-provided retirement plans help to guarantee a stable cash flow later in life. Textron, Inc. provides defined benefit pension plans and defined contribution pension plans. Retirees at companies with defined benefit pension plans collect a predetermined amount when they reach retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.