Henkel Corporation Benefits

Henkel Corporation workers are provided with some retirement and welfare benefits. A large number of American companies, like Henkel Corporation, finance group health benefits, through which employers typically pay a large proportion of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Henkel Corporation provides health and dental coverage. Henkel Corporation also offers group life insurance. To help guarantee a stable stream of income later in life, countless employees depend on employer-funded retirement plans. Henkel Corporation offers defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays retirees a predetermined sum when they retire. With a defined contribution pension plan, companies help workers save and invest for retirement.