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Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
Many employer-provided cash benefits (below a certain income level) are tax-deductible to the employer and non-taxable to the employee. Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage (up to US$50,000) (and employer-provided meals and lodging in-kind, [22]) may be excluded from the employee's ...
Learn about the sub-discipline of human resources that deals with employee compensation and benefits policy-making. Find out the basic components, types, and theories of compensation and benefits, as well as their impact on employee satisfaction and organisational justice.
New private insurance plans must cover a core group of benefits, called essential health benefits. These services are similar to those in a typical employer plan -- and in some cases better. 10 ...
Learn how different types of health plans compare in terms of benefits, costs, and provider networks. Find out the pros and cons of each plan and how to choose one that suits your needs and budget.
McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.
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