Sodexo's Worker's Comp Insurance

Sodexo Switzerland offers its employees a range of benefits, including paid holidays, life insurance, and accidental death and dismemberment insurance. Sodexo also provides health, vision, and dental coverage, as well as short-term and long-term disability insurance. In addition to these benefits, Sodexo has taken out higher risk insurance in the event of illness, accident, and death. While it is not explicitly stated that Sodexo carries workers' compensation insurance, the company's commitment to the well-being of its employees and the range of insurance benefits offered suggest that it is likely to be included.

Sodexo's employee benefits

Sodexo offers a range of employee benefits, with a focus on well-being and creating a better everyday for everyone. These benefits vary by location and role but can include:

Health & Insurance

• Health, vision, and dental coverage
• Life insurance
• Accidental death and dismemberment insurance
• Short-term and long-term disability insurance
• Maternity and paternity leave

Time Off

• Paid vacation and sick days
• Paid public holidays
• Bereavement leave
• Flexible work hours and work-from-home options

Financial

• Defined contribution pension plans
• 401(k) plans
• Tuition reimbursement
• Employee discounts
• Yearly bonuses

Other Perks

• Free drinks
• Employee mentoring programs
• Relocation assistance
• Fitness subscription discounts

Sodexo's insurance for sole proprietors

Sodexo offers a range of benefits to its employees, including health, vision, and dental coverage, as well as death and disability benefits. However, the specific insurance offerings for sole proprietors working with or within the company were not readily available. Here is some general information about insurance for sole proprietors that may be of use.

Sole proprietorship is a common and simple business structure where the business is owned and operated by a single person. As the owner, you are solely responsible for the business's debts, taxes, and legal liabilities. This means that in the event of a lawsuit or accident involving your business, your personal assets could be at risk.

Business insurance for sole proprietors is essential to protect yourself and your business from financial losses. It can cover legal costs, lawsuits, property repairs, accidental property damage, injuries to others, and damage to business property.

There are several types of insurance that sole proprietors may want to consider:

• Business liability insurance (also known as general liability insurance) covers accidental property damage and injuries to others.
• Commercial property insurance covers damage, theft, or destruction of your business's physical assets.
• Business interruption insurance covers lost income if your business is forced to close due to an unexpected issue.
• Commercial auto insurance covers accidents or damage involving vehicles used for work purposes.
• Cyber liability insurance covers costs associated with cyberattacks and data breaches.
• Professional liability insurance covers legal fees, settlements, and judgments in the event of a claim of a mistake in your professional services.
• Workers' compensation insurance covers benefits, lost wages, and medical care for employees who are injured or become ill on the job.

The cost of sole proprietor business insurance will depend on factors such as coverage limits, location, and the size of your business. It is important to compare quotes from multiple providers to find the best policy for your needs.

Sodexo's health and insurance benefits

Sodexo offers a range of health and insurance benefits to its employees, although the specific benefits available may vary depending on the employee's location and the Sodexo branch they work for. For example, Sodexo Switzerland provides different benefits to Sodexo, Inc.

Sodexo, Inc.

Sodexo, Inc. offers health, vision, and dental coverage to its employees. They also provide death benefits, short-term and long-term disability insurance, and group life insurance. Additionally, Sodexo, Inc. offers accidental death and dismemberment insurance, as well as temporary disability insurance. The company contributes a significant portion of employees' health insurance premiums, and these contributions are tax-deductible for employers and tax-free for employees.

Sodexo Switzerland

Sodexo Switzerland has negotiated discounts with various health insurance companies for their employees. This includes supplementary insurance for employees and their dependents, as well as discounts on semi-private or private accident insurance. Sodexo employees in Switzerland are also insured for retirement at a higher level than required by law, and the company has taken out higher risk insurance in the event of illness, accident, and death.

Aetna Healthcare Coverage

Sodexo also offers Aetna healthcare coverage to its employees, which includes a no-cost surgery benefit through Carrum Health. This benefit covers surgeries such as knee, hip, shoulder, back, neck, elbow, weight loss, cardiac, and cancer support for employees and their families enrolled in the Sodexo Aetna medical plan.

Other Benefits

In addition to health and insurance benefits, Sodexo offers other perks such as paid holidays, free drinks, and education/training reimbursement. They also provide retirement benefits, including defined contribution pension plans, to help employees save and invest for their future.

Sodexo's retirement plans

Sodexo offers a 401(K) Employees' Retirement Savings Plan and Trust. This is a defined contribution plan, which establishes an individual account for each participant, with defined amounts contributed by the participant, the employer, or both. This is also a profit-sharing plan, where employer contributions are variable and based on company profits.

The Sodexo 401(K) plan permits participants to direct the investment of their retirement accounts. It is a cash or deferred arrangement, where employees can elect to defer part of their compensation or receive these amounts in cash. The plan also provides for automatic enrolment and total or partial participant-directed accounts.

In Switzerland, Sodexo employees are insured for retirement at a higher level than required by law. The company has also taken out higher risk insurance in the event of illness, accident, and death. Swiss employees have benefited from very high-interest rates on their entire pension fund capital.

Sodexo Switzerland's insurance for employees

Sodexo Switzerland has negotiated discounts for employees with well-known insurance companies. Employees can take out supplementary insurance for themselves and their dependents at reduced rates with various health insurance companies. This also applies to household contents, motor vehicle, legal protection, and life insurance. They also benefit from discounts if they wish to take out semi-private or private accident insurance.

At Sodexo Switzerland, employees are insured for retirement at a higher level than what is required by law. In recent years, all employees have benefited from very high interest rates on the entire pension fund capital. In addition, Sodexo has taken out higher-risk insurance in the event of illness, accident, and death.

Sodexo Switzerland employees enjoy 10 public holidays off per year. If a public holiday falls on the weekend, it can be used as a day off on any working day. In addition to these 10 days, the afternoon of 24 December is always work-free. This makes a total of 10.5 days that employees can enjoy off work.

As of 2024, Sodexo will pay 14 weeks of maternity leave and two weeks of paternity leave at 100% salary. The two extra weeks of maternity leave will be paid at 80% of the salary. Sodexo has also adjusted various benefits regarding daily sickness benefits and private absences, which are now above the industry-standard guidelines.

Frequently asked questions