Employee benefits often go beyond the basics of health insurance and retirement plans. They may include extras you might not even know about. From wellness programs to travel discounts, these workplace perks can help you save money and enjoy life a little more.
What benefits may be offered?
Your benefits are a valuable part of your total compensation. Here are some commonly offered benefits you may have access to:
- Health and wellness: In addition to traditional medical, dental and vision insurance and health savings accounts (HSAs), you may also have health and wellness screening benefits, child care and elder care referrals, commuter benefits and more.
- Financial assistance programs: Tuition reimbursement, student loan assistance or financial counseling may be available to help you advance your education or get better control of your finances.
- Leisure and lifestyle perks: You might have access to discounts on gym memberships, travel, hotels, car rentals and entertainment to make fun and relaxation a little bit more affordable.
- Mental health and counseling services: To support your mental health, many companies offer employee assistance programs (EAPs), legal assistance and even 24/7 counseling.
- Fertility treatment: Access to IVF, egg freezing and other reproductive health services may be available to provide options for planning, starting or growing your family.
- Paid time off and leave options: Your time off options may go beyond vacation and sick days. Paid leave programs for personal and family issues may be available that can offer protected time away with less financial stress.
Stay in the know
Every company does things differently, but these simple steps can help you stay informed:
- Keep your employee benefits handbook: After enrollment, keep or bookmark your handbook so you can access it when you need it throughout the year.
- Reach out to HR: Your company’s HR department can offer guidance on your existing benefits as well as benefits you may not know about, and they can provide confidential support to get you help when you need it.
- Understand your deadlines: Open enrollment and changes to your benefits for qualifying life events have specific time frames. Keep an eye on these dates so you don’t miss out.
Life can be unpredictable. Taking a few minutes to review your options could lead to savings and support you didn’t realize was there.
For more information, check out this informative flyer (PDF) from the U.S. Department of Labor.
