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Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
An employee assistance program in the United States generally offers free and confidential assessments, short-term counseling, referrals, and follow-up services for employees. EAP counselors may also work in a consultative role with managers and supervisors to address employee and organizational challenges and needs.
Workfare is a governmental plan under which welfare recipients are required to accept public-service jobs or to participate in job training. [1] Many countries around the world have adopted workfare (sometimes implemented as "work-first" policies) to reduce poverty among able-bodied adults; however, their approaches to execution vary. [2]
An employee may receive intangible benefits, such as a desirable work schedule. That could be a schedule that is controlled by the employee and can be adjusted to accommodate occasional non-work activities, or one that is highly predictable, which makes it easier for the employee to arrange childcare or transportation to work.
The benefit is usually "defined" by a formula based on the employee's earnings history, tenure of service and age, and not depending on investment returns. Because of the high cost and responsibility of the employer to finance the plan, in recent years many companies have phased out their pension plans sometimes replacing them with defined ...
Poster by Albert M. Bender, produced by the Illinois WPA Art Project Chicago in 1935 for the CCC CCC boys leaving camp in Lassen National Forest for home. The Civilian Conservation Corps (CCC) was a voluntary government work relief program that ran from 1933 to 1942 in the United States for unemployed, unmarried men ages 18–25 and eventually expanded to ages 17–28. [1]
By law, legally employed workers, regardless of their citizenship are eligible for unemployment benefits given that they are at least 18 years old, the employees contribute 1% to unemployment funds while the employers contribute 2%, and the workers are eligible to receive benefits after 600 days of contributions within the preceding 3 years of ...
Severance pay in Luxembourg upon termination of a work contract becomes due after five years' service with a single employer, provided the employee is not entitled to an old-age pension and the termination is due to redundancy, unfair dismissal, or covered in a collective labor agreement. [32]