- April 23, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Exploring Employee Benefits in Today’s Market
I am currently interested in understanding the current landscape of employee benefits in the market. I am wondering about the types of benefits most companies offer and how valuable they are.
For instance, in my current company, we have a 401k plan with a generous 100% match up to 6% of my salary, along with a comprehensive family health plan that costs only $200 a month. Additionally, dental coverage is available for just $20.
Is this level of benefits considered average in today’s competitive job market? It can be challenging to find comprehensive information about what other companies offer, especially when searching online. As someone who heavily relies on medical services, I am concerned about potential increases in healthcare costs as I look for new employment opportunities.
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Having accurate and up-to-date information about employee benefits offered by different companies can significantly aid in your job search process. The AI Legalese Decoder can quickly analyze and compare benefit packages, ensuring you make informed decisions that align with your needs and preferences. By leveraging AI technology, you can confidently navigate the complex realm of employee benefits and secure a position that offers the best value for your unique circumstances.
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That’s really good. I get a 3% match and $800 a month insurance
That’s good! I get 4% employer matching. Medical plan is about $300 a month for my family, but we also get free hospitalization/labs/procedures/imaging if done at specified hospital, so we really take advantage of it since I also have Crohn’s. My specialty med is also completely paid for so I don’t even have to pay the $5 copy with the copay assistance card. I gave birth for free and my son was in NICU for about 5 days, and that was also free.
completely paid for healthcare with $0 out of pocket maximum per year. Dental too I guess and vision but haven’t done the paperwork for either.
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13/hr into the 401k plus whatever you match but that 26k almost maxes it out at 2000 hours per year.
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uhhh what else, paid for flights housing an f250 and 103/day per diem tax free for food. Also a pension but its a piece of shit and I expect it to fail before I am old.
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pretty decent contract but definitely room to improve. OT should be 2x not 1.5 for example but we can’t negotiate for another 2 years.
That sounds pretty good. I don’t get a 401k match, they contribute 3%. My medical/dental/vision for myself + wife is $355/months.
The main thing to check is what type of medical, what coverages and deductibles and all the insurance lingo.
My current benefits are a $450 ICHRA that I don’t use because I have an indemnity plan which has worked in my favor on many occasions, they provide a 100% match on 1% of my contributions. I only get 45 hours of sick paid time off and 0 hours of regular paid time off (I usually say I’m sick for a week so that I can get a paid vacation). No dental vision or hearing, no pension, nothing else. Its great. I love it.
I get 4% match plus 3% annual contribution. Instant vest on the match but had to wait 3 years to vest in the 3% contribution. I pay $100/month for family medical.