They also include coverage for mental health and substance abuse. Specific types of benefits include an on-site dependent care center, emergency or overnight care, and flexible spending accounts. Another common benefit is resource and referral services. Employee discounts are offered by many employers, usually a free or reduced cost on its products or services. Examples include store discounts for retail workers and free travel for airline workers.
Many corporations also offer discounts on their stock.
Retirement benefits are also commonplace. Contributions and earnings grow tax-deferred until retirement and many employers match their workers' contributions by a specified percentage. Other Salary-Reduction Retirement Savings Plans. There are also 457 plans for employees of state and local governments or tax-exempt organizations. Group Term Life Insurance.