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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.
What else can I help you with?
What is the difference between bonus and fringe benefits?
A bonus when used in employment is typically a monetary compensation. A fringe benefit is a bonus as well, but sometimes benefits are not monetary.
What are the disadvantages of fringe benefits?
-The benefit can be something that you do not want and you cannot also decline the benefit.
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.,
What are the share of earnings that a business owner pays for the right to be part of a certain business called?
Royalties (:
Are benefits and advantages the same thing?
Benefits and advantages are related but not exactly the same. A benefit refers to a positive outcome or gain derived from a particular action or decision, while an advantage is a condition or circumstance that puts someone in a favorable or superior position. In essence, benefits are the specific positive results, whereas advantages are the broader contexts or factors that contribute to those benefits.
Fringe benefits and salary of photography?
what is the salary and fringe benefits for photography?
What are Fringe benefits of a veterinarian?
Fringe benefits of veterinarians vary by the clinic and the location. Some get a strong package that has medical, dental, vision and prescription coverage, and some only get paid vacations.
What fringe benefits does a teacher get?
you get paid!
What are the fringe benefits of an Architect?
none
Are fringe benefits are the best way to motivate customers?
um some times but not always dummy
What types of fringe benefits do registered nurses get?
Registered nurses are often hired with fringe benefits like sign-on bonuses and health and dental insurance. Some nurses also get a retirement plan that is supplemented by the company where they are working.
What has the author Bert A Balmer written?
Bert A. Balmer has written: 'Fringe benefits in Washington cities' -- subject(s): Employee fringe benefits
What do they call the benefits with the salary?
i think those are the fringe benefits or PERKS....
What are any fringe benefits for an anesthesiologists?
nothing
Are there any fringe benefits in equine rehabilitation therapy?
It really depends on what you consider to be fringe benefits. To me, working with and healing horses is the fringe benefit. As to monetary gain I guess that would be up to you and how you set up your business.
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 is a fringe benefit (1 point)?
A fringe benefit is a form of non-wage compensation provided to employees in addition to their regular salary or wages. These benefits can include health insurance, retirement plans, paid time off, and other perks that enhance the overall compensation package. Fringe benefits are designed to improve employee satisfaction and retention while also providing tax advantages for both employers and employees.
