Compensation should be legal and ethical, adequate, motivating, fair and equitable, cost-effective, and able to provide employment security (Cherrington, 1995).
what an employee promise not to do when he accepts worker's compensation benefits
Salary's and benefits
so that the employee doesn't have to sue the employer for medical benefits
The responsibilities of a compensation and benefits manager involve the design and implementation of compensation and benefits programs. They are also responsible for ensuring the programs are cost effective, meet employee needs and comply with the law.
Usually, compensation is composed of the base wage or salary, any incentives or bonuses, and other benefits.
the wages and benefits an employee receives at a job...
Joseph J. Martocchio has written: 'Employee benefits' -- subject(s): Compensation management, Employee fringe benefits 'Research in Personnel and Human Resources Management, Volume 25 (Research in Personnel and Human Resources Management)' 'Strategic compensation' -- subject(s): Compensation management
In general, indirect and non-cash compensation paid to an employee. Some benefits are mandated by law (such as social security, unemployment compensation, and workers compensation), others vary from firm to firm or industry to industry (such as health insurance, life insurance, medical plan, paid vacation, pension, gratuity).
disabled due to injury or illness sustained while in the performance of duty.
Kathryn J. Kennedy has written: 'Employee benefits law' -- subject(s): Law and legislation, Deferred compensation, Pension trusts, Employee fringe benefits
Sum of direct benefits (such as salary, allowances, bonus, commission) and indirect benefits (such as insurance, pension plans, vacations) that an employee receives from an employer. [businessdictionary.com]
salary and all employee benefits