A 年度体检 paid for by the employer is a standard white-collar benefit (公司福利) in China — typically at chains like 美年大健康 (Meinian) or 爱康国宾 (iKang). Often part of the package along with 五险一金 (basic social insurance + housing fund).
usage
体检 (tǐjiǎn) on its own = physical exam, any time. 年度 (niándù, 'annual') makes it a yearly checkup. Paired collocations: 入职体检 (pre-employment), 婚前体检 (premarital), 孕前体检 (preconception).