by reducing their work time..
Employee benefits are compensations given to employees in addition to regular salaries or wages.
They are the wages paid to employees in the private sector.
are employees that are currently receiving social security and medicare benefits subject to fica withholding
hiring incentives that an employer can offer employees Answer 2 Things that an employer gives to his employees other than wages/salary. e.g health scheme, pension, free car, etc.
Daily or weekly payments to workers or employees are called wages whereas monthly payments are called salaries but it also has some other meaning in French which can be found out from francewholesalers.com
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payroll
* * * * * * * * * * * * * * * * * * 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. ===
A typical contract spells out wages, benefits such as health insurance and vacation, rights to compete for promotions, and the circumstances in which employees may be laid off or fired.
ESPP is an option given to employees to purchase companys stock out of their after tax wages and salaries at a discounted price. while ESOP is not in lieu of wages/salaries it is in the form of a call option which can be exercised at a predetermined date.
salary is meant for a period like month or a year but wages are paid daily. Many firms give full salary at the end of the month. with other benefits even you have 2 or 3 days vacant. but in wages cases some firms give it daily or at end of the week or at the end of the month. they cut wages/days in case of vacant.
The cost of wages paid to workers during an accounting period on daily, weekly, monthly, or jobs basis,plus payroll and related taxes and benefits.