The important objectives of fringe benefits are: a. To motivate the employees by identifying and satisfying their unsatisfied needs. b. To create and improve sound industrial relations. c. ...

(adsbygoogle = window.adsbygoogle || []).push({}); The term fringe benefits refers to the extra benefits provided to employees in addition to the normal compensation paid ...

In this system, the worker gets his usual wages, a share in the profits of the company and a shear in the management of the company as well. Thus, employees share the capital as well ...