Coty, Inc. Benefits

At Coty, Inc., they provide several pension plans and other perks for their workers. Numerous Americans, like Coty, Inc. workers, use health plans provided by their employer, through which a sizable percentage of each worker's health insurance premium is funded by their employer. In this setup, companies receive tax deductions for their contributions and employees receive the insurance tax-free. Coty, Inc. offers health, dental, and vision coverage. Coty, Inc. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help ensure a dependable cash stream later in life, numerous employees avail themselves of employer-financed retirement plans. Coty, Inc. offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit retirement plans pay workers a fixed amount when they reach retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.