Most Popular Benefits
Paid Holidays / Vacation
Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At Colfax Corporation, workers are given several types of pension and welfare benefits. Many employees in the United States, like Colfax Corporation employees, participate in group health benefits sponsored by their employer, through which a significant proportion of each worker's health insurance premium is funded by their employer. In this arrangement, businesses collect tax deductions for their contributions and employees are given the plans tax-free. Colfax Corporation offers health, dental, and vision benefits. Colfax Corporation also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a stable money stream later in life, numerous employees avail themselves of employer-funded pension plans. Colfax Corporation provides defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays employees a fixed amount upon retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.
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