Here are some helpful tips to help you understand and benefit from your benefits package.
What are you looking at?
• General Coverage – Find out if there are any costs associated with your benefit package. Often times, these costs are deducted from your pre-tax salary. To know more about employee benefits package at https://awakenedmind.com/adult-development-with-mindfulness.
If any costs may arise, find out how it works. You will also need to find out if there are any options to choose from, and if so, you can change your options at a later time.
Image Source: Google
• Health Insurance – Find out what type of plan you have, whether it is the provider or the provider selected for you.
You should also consider what costs your plan will cover and if there are any exceptions to your plan. Additionally, you should consider dental and vision insurance.
Many people don't think about these other two insurances, but they are absolutely necessary to take care of your health over time.
• Life Insurance – When you add your loved ones to your life, those benefits become even more important to you.
• Disability Insurance – Look for short and long term coverage. You will need this when it is disabled. See prices and their changes over time.
• Vacation – See how many vacation days you had in your first year of work and how those days accumulated over time. You should also check to see if there are any restrictions on when you can use them.