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Employee benefits and benefits in kind (especially in British English ), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. [1] Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exchange ...
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.
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.
As employee benefits costs rise, employers struggle to gauge if they're delivering a return on investment.
Employees are also looking for employers who offer life insurance, pension and retirement plans and mandatory paid time off.
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 companies’ profitably ...
An EAP counseling program is a confidential employer-employee program that provides aid and support to individuals facing personal or work-related problems. Many companies have EAP counselors, or ...
Employee education benefits in the United States. Educational assistance benefits are employee benefits that allow workers to participate in educational programs for free or at a reduced cost. These benefits are administered through education assistance programs. Education assistance programs are used by corporations to recruit, retain, and ...
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