Easily manage employment in Denmark

Contribution Plans:

Multiple contribution plans are available to accommodate to the different contribution capabilities for the the employee and the employer (excluding bonuses and commissions):

• 10% employer contribution + employee selects their own contribution percentage
• 9% employer contribution + employee selects their own contribution percentage
• 8% employer contribution + 4% fixed employee contribution
• 6% employer contribution + employee selects their own contribution percentage
• 5% employer contribution + employee selects their own contribution percentage

Coverages:

• Retirement Savings: Helps employees save for retirement.
• Life Insurance: Provides coverage equal to 1x the employee’s base salary.

Employees can ask for a higher cover, up to 8 x yearly salary. If a higher cover is chosen, a larger part of the total pension contribution will be used for insurance premiums.

• Disability Insurance: The Long term disability cover is set up with salary scale, this will in total cover each employee with approx. 75% of their current salary, if they get ill with a working capacity less than 50%. The salary scale combines insurance cover with governmental support. The higher the yearly salary, the higher insurance percentage needed. The cover percentage will automatically be adjusted once a year.
• Critical Illness Insurance: Provides coverage of approximately DKK 150,000 when an employee is diagnosed with a covered critical illness.

Employees can ask for a higher cover, up to 650.000 DKK. If a higher cover is chosen, a larger part of the total pension contribution will be used for insurance premiums.

• Enrollee Counseling: Includes counseling for employees on pension planning, coverage, benefits literacy, investment options, and more.