Grant Thornton Llp Benefits

Grant Thornton Llp provides several options for retirement and welfare benefits for their employees. Like Grant Thornton Llp employees, many members of the American workforce participate in employer-sponsored group health plans, through which a large portion of each employee's health insurance premium is covered by their employer. In this arrangement, employers receive tax deductions for their contributions and employees receive the insurance tax-free. Grant Thornton Llp provides health, dental, and vision benefits. Grant Thornton Llp also provides 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 ensure a steady cash stream later in life, countless employees depend on employer-sponsored retirement plans. Grant Thornton Llp offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit pension plans pay workers a predetermined amount when they retire. With a defined contribution pension plan, businesses help employees save and invest for retirement.