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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent. Non taxable or tax free employee benefits are an integral part of a comprehensive compensation package, complementing salary and other traditional benefits.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Honeywell offers a flexible 401(k) plan, allowing employees to contribute up to 30% of their eligible pay in pre-tax, Roth 401(k), or after-tax contributions. Additionally, Honeywell provides a matching contribution to retirement funds, up to a maximum of seven percent of an employee's base salary.