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Connecticut's state employee plan actuarial value of 98% means that, on average, state employees and their dependents pay just 2% of their total healthcare costs out-of-pocket through copays and deductibles. While Connecticut's plan is platinum-level, most other state employee health plans are just gold-level.
Employee Benefits Package Examples 401K plan with employer matching. Medical, dental and vision insurance with a range of coverage/co-pay options for employees. $100/month gym or fitness reimbursement. 10 days paid time off annually.
VACATION LEAVE Most employees who have been employed 0 to 5 years earn one (1) day per month; over five (5) and under twenty (20) years earn one and one quarter (1 1/4) days per month; over twenty (20) years earn one and two thirds (1 2/3) days per month. Part-time employees earn vacation leave on a pro-rata basis.
Employee benefits packages include non-salary compensation like health care coverage, retirement benefits, and paid time off. Federal law requires employers to offer benefits like COBRA, FMLA, and minimum wage standards; many states mandate further coverage including disability, workers comp, and additional leave.
Health insurance After their salary, health insurance is likely the most essential aspect of employees' compensation. It's one of the most common benefits, ing to our survey data, and employees rate it number one on their wishlist.
The four major types of employee benefits, generally considered traditional benefits, are medical, insurance, paid time off, and retirement. Let's take a closer look at each of these, as well as a few nontraditional benefits that might enhance your company culture and improve employee engagement and retention.
Overview Health & Dental Insurance. Accrued Vacation, Personal and Sick Leave (Subject to the appropriate bargaining union contract or state statute and regulations.) Retirement Plan. Group Life Insurance. Supplemental Benefits. Voluntary Defined Contribution Plans. ... State of CT Tuition Reimbursement Program. Holidays.
The top five types of employee benefits Health benefits. ... 2) Retirement benefits. ... 3) Flexible work schedules and PTO. ... 4) Wellness program. ... 5) Tuition reimbursement and professional development opportunities. ... Conclusion.