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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 ...
A voluntary employees' beneficiary association ( VEBA) is a form of trust fund permitted under United States federal tax law, whose sole purpose must be to provide employee benefits. [1] Among the types of benefits which a VEBA may provide are accident insurance benefits, childcare costs, employee continuing education, the cost of legal ...
Counterproductive work behavior ( CWB) is employee's behavior that goes against the legitimate interests of an organization. [1] This behavior can harm the organization, other people within it, and other people and organizations outside it, including employers, other employees, suppliers, clients, patients and citizens.
Employers and Employees Agree on the Value of Voluntary Benefits Brokers and Employers Expect Increased Demand for Voluntary, Employee-Paid Coverage NEWARK, N.J.--(BUSINESS WIRE)-- In an effort to ...
Importance of Employer-Sponsored Voluntary Benefits and Services Expected to Surge, Towers Watson Survey Finds NEW YORK--(BUSINESS WIRE)-- As employers consider their health care and total rewards ...
Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part ( resignation ), or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff. Dismissal or firing is usually thought to be the employee's fault, whereas a layoff ...
Americans Demand More from their Employers, Voluntary Benefits Can Help WellPoint Survey Finds Insurance Benefits Help Simplify Employee Lives INDIANAPOLIS--(BUSINESS WIRE)-- Workers juggling both ...
Tax-free commuter benefits, also known as qualified transportation fringes, are employer provided voluntary benefit programs that allow employees to reduce their monthly commuting expenses for transit, vanpooling, bicycling, and work-related parking costs. The benefit is a federal tax benefit authorized under the Internal Revenue Code Section 132 (a), Qualified Transportation Fringes. Monies ...