ALL about Employee Benefits

Summary, forum, best practices, expert tips and resources.

All about Employee Benefits and 1000 other management tools. Completely free.

12manage is a knowledge sharing platform about management with over 1 million participants. Click for more info...

What are Employee Benefits? Meaning.

In employee compensation, employee benefits are the non-wage part of remuneration consisting of a broad range of special payments or benefits in kind. Typical Employee Benefits are:

Insurance.
- Sickness / Medical.
- Dental.
- Life.
Pension / Retirement benefits.
Income protection / Social Security.
Maternity Pay / Daycare / Child care.
Profit sharing / Employee Stock Ownership Plan / Employee Stock Options
Holiday / vacation.
Relocation assistance / benefits.
Golden Handshake / Golden Parachute / Golden Hello.
Legal assistance.
Company car.
Company computer / internet access.
Company mobile phone, PDA.
Membership of sport and health clubs / Leisure activities during work time.
Education / Personal development.
Staff discounts.
Industry-related benefits, such as special mortgage rates (banks).

Also called Fringe Benefits.

Historically, many of these benefits were negotiated by unions through Collective Bargaining. Lately, there is a tendency away from these generic benefits to more individual or Flexible Benefits, where the employees have an element of choice over the particular benefits they will receive. A special form of flexible benefits is the Cafetaria Benefits Model, wherein employees can choose and buy benefits that suit their specific wishes, spending a sum of money or points.

Employee Benefits Special Interest Group

Special Interest Group (67 members)

Forum about Employee Benefits

Discussions about Employee Benefits.

🔥	NEW Attracting Employees using Wage Differential A wage differential, also called "compensating differential" or "compensating wage differential" or "equalizing differen (...)

	More Direct Compensation Instead of Employee Benefits If employees undervalue the cost of benefits, why should a company not drop benefits and simply add more direct compensa (...)

Best Practices about Employee Benefits

Here you find the most valuable discussions from the past.

Expert Tips about Employee Benefits

Here you will find advices by experts.

Information Sources about Employee Benefits

Here you will find powerpoints, videos, news, etc.

	Employment Benefits in Detail Employment Benefits, Social Security, Employee Benefits Program (...)

	Voluntary Activities of Employees \| Employee Volunteerism Employee Motivation, Employee Volunteerism, Employee Commitment, Shared Value, CSR, Corporate Reputation (...)

Compare with: Incentives | Employee Compensation | Management by Objectives | CSFs and KPIs

Special Interest Group Leader

Are you an expert in this field? Sign up for free

This ends our Employee Benefits summary and forum.