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Paid Holidays / Vacation
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Company Car / Automobile
Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
BMW of North America, LLC provides a few retirement plans and other amenities. Like BMW of North America, LLC, a large number of employers in the United States fund group health plans for their employees, through which employers typically foot the bill for a sizable percentage of their workers' health insurance premiums. In this arrangement, employers are given tax deductions for their contributions and employees are provided with the benefits tax-free. BMW of North America, LLC offers health, dental, and vision benefits. BMW of North America, LLC also offers group life insurance. To help ensure a reliable cash flow later in life, a large number of workers avail themselves of employer-sponsored retirement plans. BMW of North America, LLC offers defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays workers a fixed amount upon retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.
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