Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
Gym / Health Club / Fitness Membership
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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
At Baldor Electric Company, they offer a few retirement and welfare benefits for their workers. Like Baldor Electric Company workers, a large number of Americans rely on health coverage financed by their employer, through which employers typically cover a large portion of their employees' health insurance premiums. In this system, employers are given tax deductions for their contributions and employees are provided with the coverage tax-free. Baldor Electric Company offers 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-provided retirement plans help to guarantee a steady flow of money later in life. Baldor Electric Company provides defined contribution pension plans. With a defined contribution pension plan, businesses help employees save and invest for retirement.
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