Employee benefit programs

{
  "id": "MLC-T-INS-001286",
  "term": "Employee benefit programs",
  "field": "Insurance and risk management",
  "definition": "Forms of non-wage compensation provided to employees in addition to their normal wages or salaries. These programs include offerings such as health insurance, retirement plans, life insurance, paid time off, and disability income protection. The administration and design of these programs are governed by federal and state laws, including the Employee Retirement Income Security Act (ERISA) of 1974.",
  "url": "https://mlchart.com/terminology/insurance/employee-benefit-programs/"
}