3M Company Benefits in South Africa

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Most Popular Benefits

Benefit/Perk
Employees
0
3
Cell Phone
3 employees
Company Car / Automobile
2 employees
Company Pension Plan
2 employees
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Life Insurance/Disability
2 employees
Paid Holidays / Vacation
2 employees
Paid Sick Leave
2 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Dental Insurance
Vision Insurance
Accidental Death & Dismemberment Insurance
Life Insurance
Temporary Disability Insurance
Severance Pay
Long-term Disability Insurance
At 3M Company, they provide several types of pension benefits and other welfare benefits. Countless Americans, like 3M Company employees, use health benefits financed by their employer, through which a large proportion of each worker's health insurance premium is covered by their employer. In this arrangement, employers are provided with tax deductions for their contributions and employees are given the benefits tax-free. 3M Company offers health, dental, and vision benefits. 3M 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. To help guarantee a reliable cash stream later in life, a large number of employees avail themselves of employer-provided retirement plans. 3M Company provides defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays retirees a predetermined sum upon retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.

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