Employee benefits are employee compensation packages that include extras such as health insurance, retirement savings plans, paid vacation days and more. Employers offer employee benefits to ...

An employer-sponsored plan (ESP) is a benefit offered to employees at a reduced cost or no cost. Examples include health insurance, a 401(k) retirement savings plan, and a Health Savings Account ...

Ivan Pantic / Getty Images If you've started a new job, you may be overwhelmed with the choices in employee benefits, depending on your employer's offerings, from 401(k) plans to life insurance.