Employee Benefits

Benefits are a key part of your pay package. When you think about the value of a job offer, consider both the salary and the benefits package.

The value of benefits (like medical insurance, paid time off, and short-term disability) often make up about 30 percent of total compensation. Buying private medical insurance is almost always more expensive than a company plan.

Types of Employee Benefits

What different types of benefits are offered? Which companies are more likely to offer benefits?

Benefit Eligibility and Cost

Who is eligible? Who pays the costs?

Evaluate Your Benefits

Here's how you evaluate a benefit package.

Benefits Can Help You Negotiate a Job Offer

Understanding the benefits included in a job offer will help you figure out the dollar value of that job. Many employers are now using benefits as an incentive for recruitment and retention. Knowing the standard benefits offered in your field can give you an edge during negotiations.

Think You Don't Need Them?

When you're young and healthy, you may not think you need health care or other benefits. But having no health insurance is a big risk. A small accident or illness can result in huge medical bills.