Examples of Other Long-Term Employee Benefits
When considering 'other long-term employee benefits,' it's essential to look beyond immediate compensation. Here are two prime examples:
II. Post-employment life insurance: This benefit provides financial security to an employee's beneficiaries after their death, even if they are no longer employed by the company.
IV. Post-employment medical care: This crucial benefit ensures employees have access to healthcare coverage after retirement, offering financial peace of mind during their post-employment years.
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