Most Popular Benefits
Paid Holidays / Vacation
Paid Sick Leave
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Company Pension Plan
Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
The Northern Trust Company offers many retirement and welfare benefits. Like The Northern Trust Company employees, numerous members of the American workforce depend on employer-provided group health benefits, through which a large percentage of each employee's health insurance premium is funded by their employer. In this setup, businesses collect tax deductions for their contributions and workers are given the plans tax-free. The Northern Trust Company offers health, dental, and vision benefits. The Northern Trust Company also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored retirement plans help to ensure a steady cash stream later in life. The Northern Trust Company offers defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a predetermined sum when they retire. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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