L'Occitane, Inc.benefits

L'Occitane, Inc.'s benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $37,926. Insurance brokers and agents were paid $16,551 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.6% of premiums. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 60% from $10,324 in 2023.