Wolverine World Wide, Inc. Benefits in United Kingdom

Wolverine World Wide, Inc. employees are given several options for pension and welfare benefits. Like Wolverine World Wide, Inc. employees, countless workers in the United States avail themselves of health plans funded by their employer, through which employers typically foot the bill for a significant percentage of their workers' health insurance premiums. In this arrangement, companies are given tax deductions for their contributions and employees collect the insurance tax-free. Wolverine World Wide, Inc. provides health, dental, and vision plans. Wolverine World Wide, Inc. also provides death benefits, which cover certain causes of death, long-term disability insurance, group life insurance, and short-term disability insurance for accidents or illness. To help guarantee a steady income stream later in life, numerous employees depend on employer-sponsored pension plans. Wolverine World Wide, Inc. offers defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays workers a fixed amount when they reach retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.