Definitions for "Benefits Package" Add To Word List
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A benefits package may offer child care, life insurance, even legal expenses and can add a considerable worth to your total compensation package. Likewise, a non-comprehensive package may drain your take-home pay and reduce your retirement income. If you feel a potential employer offers limited benefits, try to negotiate for a larger salary -- or continue your job search.
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Supplementary advantages to people within your organization.
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the services Medicare Advantage or your plan covers.
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A benefits package usually constitutes a company pension, company phone, and possibly a car.
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A term informally used to refer to the employer's benefits plan or to the benefits plan options from which the employee can choose. "Benefits package" highlights the fact a health benefits plan is a compilation of specific benefits.
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