In general, indirect and non-cash compensation paid to an employee. Some benefits are mandated by law (such as social security, unemployment compensation, and workers compensation), others vary from firm to firm or industry to industry (such as health insurance, life insurance, medical plan, paid vacation, pension, gratuity).
Use employee benefits in a sentence
- How to Recruit and Engage the Gen Y Workforce
- Leadership Exercises to Encourage Employee Development
- How Do You Buy a Business?
- Should a Small Business Practice Total Quality Management?
- How to Handle External Forces in Order to Maintain A Cohesive Workplace Environment
- What is Alternative Staffing?