Hercules Offshore Benefits

At Hercules Offshore, employees are provided with several options for retirement and welfare benefits. Many American businesses, like Hercules Offshore, finance group health insurance for their employees, through which companies typically cover a considerable proportion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for workers. Hercules Offshore provides health, dental, and vision insurance. Hercules Offshore 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. Employer-provided pension plans help to ensure a dependable income source later in life. Hercules Offshore provides defined contribution pension plans. With a defined contribution pension plan, businesses help employees save and invest for retirement.