Rent the Runway Benefits

Rent the Runway workers receive some retirement and welfare benefits. Like Rent the Runway employees, a large number of employees in the United States participate in group health coverage funded by their employer, through which businesses typically pay a significant percentage of their workers' health insurance premiums. In this setup, companies are provided with tax deductions for their contributions and employees receive the plans tax-free. Rent the Runway provides health, dental, and vision coverage. Rent the Runway also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help secure a steady income flow later in life, a large number of workers depend on employer-sponsored pension plans. Rent the Runway provides defined contribution pension plans. With a defined contribution retirement plan, employers help workers save and invest for retirement.