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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.
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.
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 ...
The Federal Employees Health Benefits (FEHB) Program is a system of managed competition that provides health insurance to civilian government employees and annuitants in the U.S. Learn about the history, plans, costs, and choices of the FEHB program.
Learn about the history, theory, and practice of human resource management (HRM or HR), the strategic and coherent approach to the effective and efficient management of people in an organization. HRM covers topics such as employee benefits, training, performance appraisal, industrial relations, and diversity and inclusion.
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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