Difference between revisions of "Employee benefit"

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[[Employee benefit]] (alternatively known as [[fringe benefit]], [[perquisite]], or, sometimes, [[perk]]; hereinafter, the ''Benefit'') is any non-monetary reward that an [[employee]] receives in exchange for the service he or she performs for their [[employer]] and/or for his or her time spent upon [[employer]]'s requests.
 
[[Employee benefit]] (alternatively known as [[fringe benefit]], [[perquisite]], or, sometimes, [[perk]]; hereinafter, the ''Benefit'') is any non-monetary reward that an [[employee]] receives in exchange for the service he or she performs for their [[employer]] and/or for his or her time spent upon [[employer]]'s requests.
  
Usually, the ''Compensation'' is a part of [[employee compensation]]. The aggregate of the ''Benefits'' is the rest of [[employee compensation]] that an [[employer]] uses to supplement [[cash compensation]] of its [[employee]]. Some of these supplements may be required by [[employment law]].
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Usually, the ''Compensation'' is a part of [[employee compensation]]. The aggregate of the ''Benefits'' is the rest of [[employee compensation]] that an [[employer]] uses to supplement [[cash remuneration]] of its [[employee]]. Some of these supplements may be required by [[employment law]].
  
  
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Equity-based compensation – stock or pseudo stock programs an employer uses to provide actual or perceived ownership in the company which ties an employee's compensation to the long-term success of the company. The most common examples are stock options.
 
Equity-based compensation – stock or pseudo stock programs an employer uses to provide actual or perceived ownership in the company which ties an employee's compensation to the long-term success of the company. The most common examples are stock options.
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==See also==
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===Related lectures===
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:*[[Employee Remunerations]]
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[[Category: CNM Cyber Orientation]][[Category: Articles]]

Latest revision as of 19:20, 24 May 2020

Employee benefit (alternatively known as fringe benefit, perquisite, or, sometimes, perk; hereinafter, the Benefit) is any non-monetary reward that an employee receives in exchange for the service he or she performs for their employer and/or for his or her time spent upon employer's requests.

Usually, the Compensation is a part of employee compensation. The aggregate of the Benefits is the rest of employee compensation that an employer uses to supplement cash remuneration of its employee. Some of these supplements may be required by employment law.


Equity-based compensation – stock or pseudo stock programs an employer uses to provide actual or perceived ownership in the company which ties an employee's compensation to the long-term success of the company. The most common examples are stock options.

See also

Related lectures