Starting Your Own Business ? Hints & Tips Entrepreneurial Advice Suzie's Blogs ...

What is an Employee Benefit Plan? An employee benefit plan protects employees and their families from economic hardship brought about by sickness, disability, death, or unemployment; it provides retirement income to employees and their families; and it provides a system of leave or time off from work. A comprehensive benefit plan can include health insurance, disability insurance, life insurance, retirement plan, flexible compensation (cafeteria plans), and leave from work. Broadly defined, a benefit plan can include other components such as bonuses, service awards, reimbursement of employee educational expenses, and other benefits appropriate to employee responsibility. Need Older NPR News Stories ? News Headlines - Archived Storys Posted: Wednesday 11th May 2005, 12:07 AM

Back to the Business Startups Advice Blog