Most Popular Benefits
Paid Holidays / Vacation
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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 Genuine Parts Company, they offer several types of pension and welfare benefits. Like Genuine Parts Company, a large number of businesses in the United States fund health insurance for their employees, through which employers typically cover a significant portion of their employees' health insurance premiums. In this setup, businesses collect tax deductions for their contributions and employees receive the coverage tax-free. Genuine Parts Company provides health, dental, and vision benefits. Genuine Parts Company 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 dependable flow of cash later in life, many employees participate in employer-financed retirement plans. Genuine Parts Company provides defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a fixed amount upon retirement. With a defined contribution pension plan, employers help employees save and invest for retirement.
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