Synonyms
Definition
Employee benefits are typically the part of aggregate compensation set, other than salary offered to the employees once or in parts at different times. These are the additional rewards and compensations besides their pay, which are not necessarily in the form of cash but they may include insurances (such as group, health, family, accident), benefits after retirement, sick leaves, vacation, or education funds.
Introduction
Employee benefits are basically any forms of compensations that are offered by the employer organizations in addition to wages and salaries which may be paid once or in parts. These benefits might be paid to the employees together with their salaries or separately at once or sometimes in parts. Employee benefits may be offered to employees on the basis of their performance, demands, and needs, or overall performance, efficiency, and economic growth and sustainability of the...
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Siyal, S., Garavan, T. (2020). Employee Benefits. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_361-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_361-1
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