Comment That's a good benefit, but not unheard of... (Score 4, Interesting) 170
That's essentially a company-paid life insurance policy of 5x annual salary (slightly less, actually, since it's annuitized). When I worked as a call center grunt shortly out of college, we were given a 1x annual salary term life insurance policy paid for by the company. With an option of paying something like $0.35/month for 3x annual salary term life insurance.
This is really not the crazy-off-the-wall benefit that it's being made out to be. It's good, to be sure, but not unheard of.
This is really not the crazy-off-the-wall benefit that it's being made out to be. It's good, to be sure, but not unheard of.