Indiana Employment Benefits Package
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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.
Life outside of work Vacation LeaveUp to 90 hours earned per year. Bonus vacation leave after 5, 10 and 20 years of service.Sick LeaveUp to 67.5 hours earned per year.Personal LeaveUp to 22.5 hours earned per year.Holidays12 or 14 holidays per year.New Parent LeaveUp to 150 hours of paid leave.3 more rows
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 state will continue offering three statewide medical plans for 2023: Consumer-Driven Health Plan 1 (CDHP 1), Consumer-Driven Health Plan 2 (CDHP 2) and Traditional Plan. All three available plans are in the National (BlueCard) PPO network with Anthem and have a prescription drug plan through CVS Caremark.
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.
Paid time off Up to 22.5 hours of personal leave earned per year. Funeral leave, jury duty leave and military leave available. Up to 12 weeks of unpaid leave per year for family care, adoption or childbirth.
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.
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.
