Most Popular Benefits
Paid Holidays / Vacation
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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
Lennox International, Inc. provides several types of pension plans and other welfare benefits. Many members of the American workforce, like Lennox International, Inc. employees, depend on employer-sponsored group health plans, through which a sizable proportion of each employee's health insurance premium is paid for by their employer. In this arrangement, employers are provided with tax deductions for their contributions and employees are given the coverage tax-free. 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 secure a stable money stream later in life, numerous workers use employer-sponsored retirement plans. Lennox International, Inc. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, employees collect fixed compensation when they reach retirement. With a defined contribution retirement plan, employers help employees save and invest for retirement.
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