Coty, Inc. Benefits

Coty, Inc. provides several options for retirement plans and perks. Like Coty, Inc. employees, numerous Americans rely on employer-funded group health insurance, through which a sizable percentage of each worker's health insurance premium is covered by their employer. In this setup, employers collect tax deductions for their contributions and workers are given the plans tax-free. Coty, Inc. provides 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 secure a stable stream of cash later in life, countless workers enroll in employer-provided retirement plans. Coty, Inc. provides defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays workers a predetermined amount when they reach retirement. With a defined contribution pension plan, businesses help employees save and invest for retirement.