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
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Sonoco Products Company provides several types of pension and welfare benefits. Like Sonoco Products Company, countless American companies provide health plans, through which businesses typically foot the bill for a significant portion of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. Sonoco Products Company offers health, dental, and vision coverage. Sonoco Products Company also offers 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-provided pension plans help to secure a dependable money source later in life. Sonoco Products Company provides defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a fixed amount when they retire. With a defined contribution pension plan, employers help employees save and invest for retirement.
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