Exide Technologies Benefits

Exide Technologies offers many retirement benefits and perks. Countless American workers, like Exide Technologies employees, rely on employer-provided group health insurance, through which companies typically cover a sizable portion of their employees' health insurance premiums. In this setup, companies are provided with tax deductions for their contributions and workers collect the benefits tax-free. Exide Technologies provides health, dental, and vision plans. Exide Technologies also offers 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 guarantee a stable income stream later in life, many employees avail themselves of employer-financed pension plans. Exide Technologies provides defined benefit pension plans and defined contribution pension plans. Retirees at companies with defined benefit retirement plans are given a fixed amount upon retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.