Compensation packages at American International Group (AIG) typically include a range of offerings beyond base salary. These offerings can encompass health and wellness programs, financial security plans, and other perks designed to enhance employee well-being and work-life balance. For instance, a comprehensive health plan might include medical, dental, and vision coverage, while financial wellness offerings could involve retirement savings plans, stock options, or employee assistance programs. Specific offerings can vary based on factors such as role, location, and employment level within the organization.
Robust total rewards programs are essential for attracting and retaining top talent in a competitive market. Such programs contribute significantly to employee satisfaction, engagement, and overall financial security. Historically, employee compensation has evolved from basic wages to encompass a more holistic approach, recognizing the importance of supporting employees’ diverse needs. This shift reflects a broader societal trend towards prioritizing employee well-being as a key driver of organizational success.