Most Popular Benefits
Paid Holidays / Vacation
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
Koch Industries, Inc. provides several types of retirement savings plans and welfare benefits to promote employee well-being. Many workers in the United States, like Koch Industries, Inc. employees, take advantage of group health plans sponsored by their employer, through which a large portion of each worker's health insurance premium is covered by their employer. In this setup, companies collect tax deductions for their contributions and employees collect the coverage tax-free. Koch Industries, Inc. offers health, dental, and vision coverage. Koch Industries, Inc. 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. Employer-sponsored pension plans help to guarantee a stable money flow later in life. Koch Industries, Inc. offers defined benefit pension plans and defined contribution pension plans. Employees at businesses with defined benefit retirement plans receive a fixed sum when they retire. With a defined contribution retirement plan, companies help workers save and invest for retirement.
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