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Compensation and benefits. Compensation and benefits ( C&B) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. [1]
Nominal wages. Adjusted for inflation wages. Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.
J.D. An academic, not a professional designation. Identifies a person who has obtained the academic degree Juris Doctor or Doctor of Jurisprudence, which are different names for the same professional degree in law.
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known ...
Willie B. Thomas/Getty Images. Researchers say 4-day workweeks can improve employee health and well-being as well as reduce sick days. They add the shorter workweek can even boost productivity and ...
The Veterans Benefits Administration has been in existence since the creation of the Department of Veterans Affairs in October 1988, when it was led by a chief benefits director. In 1994, the title was changed to Under Secretary of Veterans Affairs for Benefits. Under Secretary Allison A. Hickey resigned in October 2015.
Compensation & Benefits Review. Compens. Benefits Rev. Compensation & Benefits Review is a bimonthly peer-reviewed academic journal that covers in the field of labor relations. The editor-in-chief is Phillip Bryant ( Columbus State University ). It was established in 1969 and is currently published by SAGE Publications .
The compensation is typically a mixture of salary, bonuses, equity compensation (stock options, etc.), benefits, and perquisites. It has often had surprising amounts of deferred compensation and pension payments, and unique features such as executive loans (now banned), and post-retirement benefits, and guaranteed consulting fees.