Avnet Inc. Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
68
401(k)
68 employees
Paid Holidays / Vacation
43 employees
Company Pension Plan
39 employees
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United States (change)
Casual Dress/Atmosphere
35 employees
Life Insurance/Disability
31 employees
Paid Sick Leave
31 employees
Cell Phone
28 employees

Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Temporary Disability Insurance
Severance Pay
Life Insurance
Health Insurance
Dental Insurance
Vision Insurance
Avnet Inc. workers collect several retirement benefits and welfare benefits. Numerous workers in the United States, like Avnet Inc. workers, depend on employer-provided group health plans, through which a large proportion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for employers and tax-free for workers. Avnet Inc. provides health, dental, and vision plans. Avnet Inc. also provides long-term disability insurance, short-term disability insurance for accidents or illness, and group life insurance. Employer-funded retirement plans help to ensure a stable cash stream later in life. Avnet Inc. provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are given fixed payments when they reach retirement. With a defined contribution pension plan, employers help workers save and invest for retirement.

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