1. What do you mean by fringe benefits? Give any two examples? Ans. A Different offers a company groups together for an employee are collectively known as a fringe benefits packages. B An employment benefit given in addition to one’s wages or salary‚ or Benefits‚ other than wages or salary‚ provided by an employer for employees Any nonwage payment or benefit granted to employees by employers. C A payment to a worker in addition to salary or wages. It may take the form of cash‚ goods‚ or services
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The Benefits of Carpooling Carpooling is enjoying the comforts of car travel while utilising the car more efficiently and in a more environmentally friendly manner. There are a number of benefits of carpooling: 1. Environmental. By carpooling you can contribute to less cars on the road‚ which means less traffic congestion‚ less greenhouse gas emissions‚ less pollution‚ less consumption of resources and less noise. This improves the day to day living in your street and suburb as well as
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Flexible Benefits Introduction The "home" of flexible benefits is in the US‚ where the concept is strongly established. With a limited national health service‚ medical insurance is the responsibility of the individual and employees are typically offered healthcare insurance‚ covering private medical‚ optical dental‚ physiotherapy etc. through their flexible benefits scheme. Flexible benefits is an employee reward system‚ which allows employees to choose from a menu of optional benefits
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Intro Compensation and benefits packages are used by companies to retain and attract talent. Benefits can be used to keep employees happy at work and to up your overall productivity. In this economy it is vital to offer competitive compensation and benefit packages to assist in the retention as the economy rebounds from its current state. In order to offer a competitive package‚ you should be aware of the types of employees you are looking to attract and also the employees that are currently working
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“Natural gas has an important role to play in the Northeast region and in our nation’s overall energy future.” Ed Rendell (NY Daily News). Fracking is a great way of getting natural gas; without fracking we wouldn’t have the gas need for energy like heating and power generation. Although Fracking makes pollution worse‚ it has many positive effects on people’s lives. Fracking is a way to get natural gas; natural gas is a cleaner source of energy. Another way fracking is good is it helps increase job
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WHY YOU SHOULD EXERCISE!! Obesity has reached epidemic proportions globally‚ with at least 2.8 million people dying each year as a result of being overweight or obese. No matter what your size or shape‚ being active is very important because: • Makes you feel better. • Helps you fall asleep and sleep well. • Gives you more energy. • Helps you think better and faster. • Helps you handle stress. • Makes you healthier. • Helps you live longer. Your heart will thank you The more active
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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EMPLOYEES BENEFITS:- These benefits include: housing (employer-provided or employer-paid)‚ group insurance (health‚ dental‚ life etc.)‚disability income protection‚ retirement benefits‚ daycare‚ tuition reimbursement‚ sick leave‚ vacation (paid and non-paid)‚ social security‚ profit sharing‚ funding of education‚ and other specialized benefits. PROBLEMS FOR EMPLOYEES BENEFITS IN SMALL BUSINESS’S:- Employee benefits are a normal part of doing business‚ but for a small business the cost can have
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The Many Benefits and Advantages of Smartphones Today‚ you don’t literally have to carry your laptop or sit the entire day facing your desktop computer to perform all the tasks that you need to do. You need not have a wired telephone to do international calls either. With the constant technological innovations‚ almost everything is made possible with the use of a single‚ handy smart phone. But do you have even the slightest idea why these are called smart-phones? What makes smartphones smart? And
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INTRODUCTION Fringe Benefit – meaning: • Any privilege‚ service‚ facility or amenity‚ directly or indirectly provided to employee by an employer • Any reimbursement for any purpose . • Contribution to approved superannuation fund The term Fringe benefits refer to various extra benefits provided to the employees‚ in addition to the compensation paid in the form of wage or salary. These benefits can be defined as any wage cost not directly connected with the employees
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