Red Wing Shoe Company Benefits

Red Wing Shoe Company offers several options for retirement and welfare benefits for their employees. Numerous employers in the United States, like Red Wing Shoe Company, fund group health benefits, through which businesses typically cover a considerable portion of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for employees. Red Wing Shoe Company offers health and dental benefits. Red Wing Shoe Company also provides death benefits, which cover certain causes of death, group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-funded retirement plans help to ensure a dependable income flow later in life. Red Wing Shoe Company provides defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a fixed amount upon retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.