This benefit does not cost the employee. A full-time employee is sometimes granted a certain amount of time to use when he is sick. A person can call in sick and still get paid as if he was working. Some companies allow an employee to take a sick day when his or her child is sick. If an employee takes sick time, he may need to show documentation from a doctor to validate the claim of being sick.
Some companies have a retirement plan to help employees accumulate savings for retirement income.
In general, the company will contribute some money to the account and the employee contributes another part. This benefit may be optional. If it is optional, but the employee does not contribute, the company generally does not contribute either. Some companies will pay for part or all of an employee's schooling to improve knowledge or skills in the given field. This is a benefit that would provide income to the employee or surviving family if the employee dies or becomes disabled.