|Employee Retirement Income Security Act (ERISA)
The Employment Retirement Income Security Act, also known as ERISA, was enacted by Congress to set uniform standards for the administering of employee benefit plans by private employers and insurance companies.
|Family And Medical Leave Act (FMLA)
The Family and Medical Leave Act, also known as FMLA (F-M-L-A), is a federal law designed to help employees balance their work and family responsibilities.
Long-term disability is an employee benefit plan designed to provide partial salary replacement to eligible employees who are unable to work due to a disability lasting more than 90 consecutive days.
|Older workers benefit program
Approximately 28 percent of America's labor force is comprised of older workers who are between the ages of 45 and 65 years old. There has been a general perception that older workers are more expensive to keep in terms of health insurance costs.
|Paid time off
You may be surprised to learn that there are no laws requiring employers to pay you for time off, whether it's for vacation or holidays. If you receive a paid vacation, it's because of custom, not law.
|Sick and personal leave
One of the most well-known benefits that employers often offer to their employees is sick and personal leave. Sick leave, or taking time off due to an illness or injury, can be very valuable like other time-off benefits, especially when combined with certain disability insurance benefits.
To assist employees financially who choose to enroll in continuing education courses, such as computer training, management courses, or advanced degrees, many employers often offer tuition reimbursement plans.
|Workers' compensation law
If you' re injured on the job or suffer a work-related illness or disease that prevents you from working, you're by law eligible to receive benefits from your state workers' compensation program.