Nikola Corporationbenefits

Nikola Corporation's benefits plans covered 976 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $698,934. Insurance brokers and agents were paid $569,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.4% of premiums. That is $583 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 44% from $395,096 in 2023.