The best employee benefit plans include paid vacation and sick leave, maternity leave for mothers, fathers and adoptive parents and health, and dental and vision insurance fully funded by the employer. Flexible spending accounts, a retirement plan and flex time are also part of the best benefit plans.
Flexible spending accounts allow employees to set aside pre-tax wages to cover basic medical expenses, such as eye glasses. Flex time enables employees to choose their own work hours; for example, four
10-hour days instead of five eight-hour days. Retirement plans and investment accounts, such as 401(k) plans, are beneficial when they include a significant employer match to employee contributions. Other options found in good benefit plans include short and long term disability insurance, life insurance and access to an employee assistance program that provides short term counseling and referral services.
Tech companies provide the best employee benefits, according to a 2014 Entrepeneur.com survey. Google's benefit package includes free food, massages and flexible work schedules, in addition to the basics. Facebook provides access to onsite medical services, three free meals a day, snacks and passes on public transportation. Adobe offers pet insurance, 28 paid vacation days and a paid sabbatical every five years. The only retail employer in Entrepreneur's top 25 list, Costco, is recognized for providing an array of benefits to both full and part-time workers.