Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
Stock Purchase Plan
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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
Lennox International, Inc. workers collect several options for pension and welfare benefits. Like Lennox International, Inc. employees, a large number of employees in the United States rely on group health insurance financed by their employer, through which companies typically cover a significant portion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for workers. Lennox International, Inc. offers health, dental, and vision plans. Lennox International, Inc. 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 reliable money source later in life, many employees participate in employer-funded pension plans. Lennox International, Inc. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are provided with predetermined payments when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.
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