Compensation packages at American Worldwide Group (AIG) usually embody a spread of choices past base wage. These choices can embody well being and wellness applications, monetary safety plans, and different perks designed to boost worker well-being and work-life stability. For example, a complete well being plan may embody medical, dental, and imaginative and prescient protection, whereas monetary wellness choices may contain retirement financial savings plans, inventory choices, or worker help applications. Particular choices can fluctuate based mostly on elements similar to position, location, and employment stage inside the group.
Sturdy complete rewards applications are important for attracting and retaining prime expertise in a aggressive market. Such applications contribute considerably to worker satisfaction, engagement, and total monetary safety. Traditionally, worker compensation has developed from primary wages to embody a extra holistic strategy, recognizing the significance of supporting workers’ various wants. This shift displays a broader societal development in direction of prioritizing worker well-being as a key driver of organizational success.