Wacker Chemical Corporation Benefits

At Wacker Chemical Corporation, they provide a few retirement savings plans and other perks to promote employee well-being. Like Wacker Chemical Corporation workers, countless American workers enroll in employer-funded group health coverage, through which businesses typically cover a large percentage of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Wacker Chemical Corporation provides health and dental insurance. Wacker Chemical Corporation also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help ensure a dependable source of money later in life, countless employees rely on employer-financed retirement plans. Wacker Chemical Corporation provides defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, employees receive fixed compensation when they reach retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.