U. S. Employee Benefits
Knowledge is power
Here's what you need to know!
Employee benefits can arguably make the difference between a good job and a great job. Employee benefits offered often attracts or deters potential candidates to a company. There are over 180 federal laws mandated and enforced by the United States Department of Labor (DOL), these laws protect millions of employed Americans.
There are two types of American employee benefits: Employee Benefits Required by Law and Optional Employee Benefits.
Required Employee Benefits by Law
The employee benefits listed below are required by law to be provided to each employee with no room for flexiablity in best interest and protection of the employee:
- Family Medical Leave Act (FMLA)
-
Social Security and Medicare
(Previously known as the Old Age, Survivors, Disability, and Health Insurance Program) -
Health Insurance
(The Afforable Care Act (ACA)) - Disability Insurance
- Workers Compensation
- Unemployment Insurance
Optional Employee Benefits
These benefits are up to the complete discretion of the employeer. Employers benefit packages are often most enticing to potential employees and coupled with a good salary offer. Below are just a few of the type of optional employee benefits offered:
- Medical Coverage
- Dental Coverage
- Vision Coverage
- Tuition Assistance
- 401(K)
Learn more about these benefits below so you can be more informed as an employee or employer.
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