Most Popular Benefits
Paid Holidays / Vacation
Paid Sick Leave
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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
At St. Luke's Hospital, they provide many options for pension and welfare benefits for their employees. Many American employees, like St. Luke's Hospital employees, participate in employer-financed health plans, through which businesses typically pay a large proportion of their employees' health insurance premiums. In this arrangement, companies are provided with tax deductions for their contributions and employees are provided with the coverage tax-free. St. Luke's Hospital offers health, dental, and vision coverage. St. Luke's Hospital 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. To help secure a dependable source of income later in life, numerous employees avail themselves of employer-sponsored pension plans. St. Luke's Hospital offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit pension plans pay retirees a predetermined amount upon retirement. With a defined contribution pension plan, businesses help employees save and invest for retirement.
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