Sotheby's Benefits

At Sotheby's, they provide several types of pension and welfare benefits. A large number of companies in the United States, like Sotheby's, provide group health insurance for their employees, through which companies typically cover a large portion of their employees' health insurance premiums. In this system, employers receive tax deductions for their contributions and employees are provided with the plans tax-free. Sotheby's offers health, dental, and vision plans. Sotheby's also offers 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-sponsored retirement plans help to guarantee a stable money stream later in life. Sotheby's offers defined contribution pension plans. With a defined contribution retirement plan, businesses help employees save and invest for retirement.