0
Can an employer provide a fringe benifit to one persom and not grant it too all employees?
Wiki User
∙ 14y ago
There is no way an employer can offer one person insurance and not everyone else, only accept there is a written agreement that you are not getting the insurance.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Which pf the following is a payment to employes other than wages or salaries?
Fringe benifit
Which of these makes contigent workers an advantage to an employer?
the employer does not have to pay fringe benefits
Two examples of fringe benefits?
Think of fringe benefits as "perks" offered by employers. Two common examples are: 1. Offering health insurance to employees, where the employer pays part or all of the insurance 2. Offering disability insurance. this allows employees to continue to have income in the event that they are disabled and cannot work. Most companies have both short term and long term disability insurance.
What are the functions of compensation analyst?
* * * * * * * * * * * * * * * * * * Fringe benefits are benefits which employees or directors receive from their employment but which are not included in their salary cheque or wages. On the tax return form they are called 'benefits in kind'. They include such things as company cars, private medical insurance paid for by the employer and cheap or free loans. Some fringe benefits will not be taxed, some will and some will be taxed only for employees who are directors or higher paid. ===
What has the author Edith B Kidney written?
Edith B. Kidney has written: 'Fringe benefits for salaried employees in government and industry' -- subject(s): Employee fringe benefits
What are some advantages of fringe benefits?
The advantages of fringe benefits to the employer is that they can get away with paying you less and add in fringe benefits instead. The advantages to the employee is that they can add something special like a car, medical benefits, or vacation that make the job more desirable.
Do socially responsible firms provide more fringe benefits or different types of fringe benefits than other firms Why or why not?
first try to understand that social responsibility is different from the present issue. it is towards the society. of course the other way of looking is uplifting our own employees through the fringe benefits. again, here we are trying to avoid or evade tax, which may not be good from the government point of view. to me, giving fringe benefits is not a social responsibility at all. we can straight away take care of the employees in different forms like quality environment to work, taking care of their family and children's education etc.,
Do fringe benefits get deducted from your paycheck?
No a fringe benefit does not get "deducted" from your paycheck in a traditional manner. If you receive a check for $1000 and $250 are total taxes, then your net is $750. If you receive a check for $1200, which includes the $200 fringe, then taxes are $275, then your net is $275. The difference is that you have paid the taxes on the fringe benefit. Basically, your employer adds the fringe amount to your gross wages, figures the taxation, then removes the fringe to make is "wash".
Do fringe benefits get deducted from paycheck?
No a fringe benefit does not get "deducted" from your paycheck in a traditional manner. If you receive a check for $1000 and $250 are total taxes, then your net is $750. If you receive a check for $1200, which includes the $200 fringe, then taxes are $275, then your net is $275. The difference is that you have paid the taxes on the fringe benefit. Basically, your employer adds the fringe amount to your gross wages, figures the taxation, then removes the fringe to make is "wash".
What is meaning fringe benefits?
Fringe benefit means non-monetary rewards given to employees. Things such as vacation time, use of a company car, travel on the company jet, etc.
Why do you think many sole proprietorships are able to offer few fringe benefits to workers?
Sole proprietors often have trouble finding and keeping good employees. Small business generally cannot offer the security and advancement opportunities that many employees look for in a job. In addition, many sole proprietors are able to offer employees little in the way of Fringe benefits
Should health insurance be deducted from paycheck before or after taxes?
Normally it is before...it is a non taxable fringe benefit. (MCCain wants to change that). My employer said it is not. I believe there is a scam that my employer is doing with our payroll checks.
