Stanley Black & Decker, Inc.benefits

Stanley Black & Decker, Inc.'s benefits plans covered 19,896 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $51,271. Insurance brokers and agents were paid $1,160,322 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2263.1% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 37% from $845,378 in 2023.