Most Popular Benefits
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Paid Holidays / Vacation
Paid Sick Leave
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
Novant Health employees collect many options for pension and welfare benefits. Many American companies, like Novant Health, finance health coverage for their employees, through which a considerable percentage of each employee's health insurance premium is funded by their employer. In this arrangement, employers are given tax deductions for their contributions and workers are provided with the benefits tax-free. Novant Health provides health, dental, and vision benefits. Novant Health 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-provided pension plans help to ensure a steady income source later in life. Novant Health provides defined benefit pension plans and defined contribution pension plans. Employers with defined benefit retirement plans pay retirees a fixed sum upon retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.