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What are the four major types of employee benefits? These include medical, life, disability, and retirement. Here is a closer look at these employee benefits and why they are often offered by business owners.

Examples of benefits within a package may include:

Benefits programs vary greatly, but typically they include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs . Benefits selection and design are critical components in the total compensation costs.

10 Most Commonly Offered Employee Benefits