Kronos Incorporated Benefits

At Kronos Incorporated, workers collect many retirement savings plans and welfare benefits. Like Kronos Incorporated employees, a large number of Americans participate in employer-sponsored group health benefits, through which businesses typically cover a sizable portion of their workers' health insurance premiums. In this system, companies are provided with tax deductions for their contributions and employees are given the coverage tax-free. Kronos Incorporated offers health, dental, and vision insurance. Kronos Incorporated 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-funded pension plans help to guarantee a stable cash stream later in life. Kronos Incorporated provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.