Employee benefits

(adsbygoogle = window.adsbygoogle || []).push({}); Employee benefits and benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal ...

Incentive systems

(adsbygoogle = window.adsbygoogle || []).push({}); Incentive systems exist for almost every type of job from manual labor to professional, managerial, and executive work. The more common incentives are discussed in the following pages. 1. ...

Objectives of Fringe Benefits

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. To protect the health of the employees and to provide safety to ...

Fringe Benefits

The term fringe benefits refers to the extra benefits provided to employees in addition to the normal compensation paid in the form of wage or salary. Many years ago, benefits and services were labeled “fringe” benefits because they were relatively ...
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