Berkshire Hathaway Inc. Employee Benefits
Berkshire Hathaway Inc. offers a comprehensive employee benefits package that varies slightly depending on the specific subsidiary. However, some common benefits across several subsidiaries include:
Insurance:
- Health insurance: Comprehensive medical, dental, and vision coverage.
- Life insurance: Free coverage equal to twice an employee's annual salary.
- Disability insurance: Income protection in case of illness or injury.
Financial & Retirement:
- 401(k) plan with company match.
- Profit-sharing plan for eligible employees.
- Paid time off: Vacation, sick leave, and personal days.
- Holidays: Paid holidays for major observances.
- Employee stock purchase plan (ESPP) for eligible employees.
Family & Parenting:
- Maternity and paternity leave: Paid leave for new parents.
- Childcare assistance: Flexible spending accounts and discounts.
- Dependent care assistance: Flexible spending accounts for dependent care expenses.
Perks & Discounts:
- Vehicle purchase and service discounts (Berkshire Hathaway Automotive).
- Employee assistance program (EAP) for confidential counseling and support.
- Wellness programs and resources.
- Discounts on various goods and services through partnerships.
How Individuals Use Plan Pricing:
Individuals can use plan pricing information to:
- Compare the cost of different plans and choose the one that best fits their needs and budget.
- Estimate the out-of-pocket costs they may incur for specific services.
- Make informed decisions about their health care and financial well-being.
Plan pricing information may be available in various forms, including:
- Summary plan descriptions (SPDs)
- Plan brochures
- Online resources
- Benefits administrators
Individuals should carefully review the plan pricing information and consult with a benefits advisor or financial professional for guidance.
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