Norco Industries Benefits

At Norco Industries, employees are provided with some retirement benefits and welfare benefits. Like Norco Industries, many American companies sponsor group health benefits for their employees, through which a significant proportion of each worker's health insurance premium is covered by their employer. In this setup, employers receive tax deductions for their contributions and employees receive the benefits tax-free. Norco Industries provides health, dental, and vision insurance. Norco Industries also provides group life insurance and long-term disability insurance. Employer-financed pension plans help to guarantee a dependable source of cash later in life. Norco Industries provides defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.