What does employee benefit mean?

Definitions for employee benefit
em·ploy·ee ben·e·fit

Here are all the possible meanings and translations of the word employee benefit.

Wiktionary

  1. employee benefit(Noun)

    A non-wage compensation provided to an employee in addition to his normal wage or salary.

Freebase

  1. Employee benefit

    Employee benefits and benefits in kind are various non-wage compensations provided to employees in addition to their normal wages or salaries. In instances where an employee exchanges wages for some other form of benefit is generally referred to as a 'salary packaging' or 'salary exchange' arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree. Examples of these benefits include: housing, group insurance, disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation, social security, profit sharing, funding of education, and other specialized benefits. The purpose of employee benefits is to increase the economic security of staff members, and in doing so, improve worker retention across the organization. The term perqs is often used colloquially to refer to those benefits of a more discretionary nature. Often, perqs are given to employees who are doing notably well and/or have seniority. Common perqs are take-home vehicles, hotel stays, free refreshments, leisure activities on work time, stationery, allowances for lunch, and—when multiple choices exist—first choice of such things as job assignments and vacation scheduling. They may also be given first chance at job promotions when vacancies exist.

How to pronounce employee benefit?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say employee benefit in sign language?

  1. employeebenefit

Numerology

  1. Chaldean Numerology

    The numerical value of employee benefit in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of employee benefit in Pythagorean Numerology is: 4

Images & Illustrations of employee benefit

  1. employee benefitemployee benefitemployee benefitemployee benefitemployee benefit

Translation

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"employee benefit." Definitions.net. STANDS4 LLC, 2019. Web. 22 Aug. 2019. <https://www.definitions.net/definition/employee+benefit>.

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