What Are the Main Types of Employee Benefits?

Did you know that more than 28 million people in the United States didn’t have health insurance in 2019?

This number has only continued to grow because many companies don’t offer health insurance to part-time employees.

If you are on the hunt for a new job and want the best benefits, keep an eye out for some of the most common ones. 

Continue reading to discover the different types of employee benefits plans that you will want to have at your next job! 

Health Insurance 

One of the most common types of employee benefits that people get is health insurance.

Health insurance is typically gotten through jobs but it can also be bought from an insurance company. Most people get a much better rate for health insurance coverage through their jobs, which relieves a lot of pressure.

If you find a job that offers excellent health insurance, or the company is willing to pay for the expenses, you should consider it. Medical bills can quickly add up and without insurance, your family could be at risk. 

Mileage & Tips

Not all companies require these benefits, however, gas reimbursements and tips are other forms of benefits. 

You can click here for tracking services that will help you determine how much you are due in tips and mileage. Getting reimbursed your money from driving around can be helpful if you are always on the road.

Coffee shops, restaurants, and salons are common places where employees recieve tips. Depending on the company, you will likely make a base pay and get tips as an additional source of income. 

Paid Time Off

Probably the biggest employee benefit that people look at when getting a job is their paid time off.

Getting paid time off is important if you have a family or want to enjoy your life and travel. Most companies don’t offer paid time off unless the employee works full-time and is at the company for several months to a year.

The longer that you work for a company, the more paid time off you should accrue. Keep in mind that paid time off can also include things like disability pay and maternity leave. 

Retirement Plans

Everyone’s goal at the end of their careers is to retire comfortably and spend time with those that they love.

It is a good idea to look for a company that provides a 401k and other investment opportunities for retirement. Preparing for the future is important because the sooner you can get money saved in an account, the sooner it can grow with interest. 

When you are choosing a career path, ask current employees in the industry what the standard retirement age is. 

Do You Have These Types of Employee Benefits?

Knowing the types of employee benefits available can help you accept a great job offer. You can learn more about employee benefit packages.

No matter what type of job you have, it is likely that you will want to know about the benefits. Each company offers its own benefits to employees that are typically an incentive for working there. When you begin applying for jobs, check the benefits at each company on their site.

Don’t be afraid to ask questions to the company about their benefits and flexibility. 

Be sure to check out our blog for more articles about the kinds of employee benefits and how to follow your career goals!