Baldor Electric Company Benefits

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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Baldor Electric Company provides some retirement benefits and other amenities. Many American employers, like Baldor Electric Company, sponsor health benefits for their employees, through which businesses typically cover a considerable portion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for workers. Baldor Electric Company provides health, dental, and vision coverage. Baldor Electric Company also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-funded retirement plans help to guarantee a steady cash source later in life. Baldor Electric Company provides defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.

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