Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Efco Corp. workers receive a few retirement and welfare benefits. Like Efco Corp. employees, a large number of American employees depend on group health plans provided by their employer, through which companies typically foot the bill for a considerable percentage of their workers' health insurance premiums. In this setup, employers are provided with tax deductions for their contributions and employees are provided with the plans tax-free. Efco Corp. provides health, dental, and vision insurance. Efco Corp. also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-financed retirement plans help to ensure a stable stream of income later in life. Efco Corp. provides defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.
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