Employee Benefits Package

An employee benefits package is the group of benefits an employer offers in addition to regular wages or salary. It may include health coverage, retirement benefits, paid time off, insurance, and other perks.

Employees may describe the non-wage parts of their compensation as job benefits. These can include health coverage, retirement contributions, paid time off, and other offerings, depending on the employer's benefits package and eligibility rules.

A benefits package can combine employer-paid and employee-paid programs. What is included varies by company, workforce, eligibility rules, and plan design. Employers use benefits packages to support employees and strengthen their overall compensation offering, while employees should look at both pay and benefits when evaluating total compensation.

In a family health plan with an embedded deductible, each covered person has an individual deductible within the overall family deductible. One family member may reach that individual amount and begin receiving applicable post-deductible benefits before the family deductible is met. The plan's terms determine which services and costs count.