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  2. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining regular pay, it may include some of the following: Any additional payment based on months of service. Payment for unused accrued PTO vacation time, holiday pay or sick leave unless ...

  3. Employee benefits - Wikipedia

    en.wikipedia.org/wiki/Employee_benefits

    Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...

  4. Cafeteria plan - Wikipedia

    en.wikipedia.org/wiki/Cafeteria_plan

    A cafeteria plan or cafeteria system is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. [1] Its name comes from the earliest such plans that allowed employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a cafeteria.

  5. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that has been completed. Compensation is the direct monetary payment received for work performed, commonly known as wages. This is the compensation that employees earn for their work or ...

  6. Navy Meritorious Civilian Service Award - Wikipedia

    en.wikipedia.org/wiki/Navy_Meritorious_Civilian...

    The Navy Meritorious Civilian Service Award is awarded to civilian employees in the United States Department of the Navy for meritorious service or contributions resulting in high value or benefits for the Navy or the Marine Corps. [1] It is conferred for a contribution that applies to a local or smaller area of operation or a project of lesser ...

  7. Employment - Wikipedia

    en.wikipedia.org/wiki/Employment

    Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options.

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