A candidate who is willing to join in a US based company or a recruiter has to know about the benefits offered to the candidate. End Client (Walmart), Big Consulting Companies (Cap Gemini), System Integrator (Wipro, TCS, HCL), medium sized staffing companies and small sized staffing companies hire candidates to work in their location through recruiters or their HR Team or through third party placement companies. Also, Big Consulting Companies, System Integrator, medium sized staffing companies and small sized staffing companies also place consultants with their clients and get referral fee/source finder fee. In this process of hiring, if a recruiter knows about the benefits offered, he/she can easily convince the candidate by explaining about the benefits offered by their employer or their clients. This will also help the candidate about total salary earned, total expenses and the amount that can be saved.
The US Benefits are explained in brief and each item of the benefits for small size, medium size or large size may vary from company to company and depends upon the experience and grades or levels of the candidate.
US Salary and Benefits Offered:
A. Small Size Staffing Company: (May provide the following benefits)
- Salary
- Vacation
- Health Insurance for candidate
- H-1B expenses and Green Card Expenses for candidate
- Travel Expenses when candidate has to board in US (flying from India to US through H1B cap and return travel expenses to India after completion of the project)
B. Medium Size Staffing Company: (May provide the following benefits)
- Salary
- Vacation
- Health Insurance for candidate and dependents (spouse and kids)
- H-1b expenses and Green Card Expenses for candidate and dependents (spouse and kids)
- H4 expenses and visa expenses for dependents (spouse and kids)
- Travel Expenses when candidate has to board in US (flying from India to US through H1B cap and return travel expenses to India after completion of the project), for candidate and dependents
- Relocation Expenses from one location to another location within US
- Over Time
- Expenses Reimbursement
- More no. of days in vacation
C. Large Size Staffing Company/System Integrator/End Clients: (May provide the following benefits)
Apart from benefits mentioned in medium size staffing company, they may also provide:
- Life Insurance
- Dental Insurance
- Vision Insurance
- Accidental Death and Dismemberment Insurance
- Long Term Disability
- Per Diem
- 401k Retirement Plan
- Sign-on Bonus
- Bonus
- Stocks/Shares etc.
- Personal Retirement Account Pension Plan
- Spending Accounts
- Child Care Discounts
- Telephone Concession
- Consumer Connection
- LifeCare Connection (prenatal care, adoption, child care, academic services, parenting, adult care services and health and Wellness, Colleges, nursing homes)
- Adoption Assistance Program
- Personal Retirement Account Pension Plan
- Employee Mortgage Program
- Educational Assistance Program
- Student Loans