Show fringe benefits, HR Management

Assignment Help:

Q. Show Fringe benefits?

Meaning & definition: Fringe benefits refer to various extra benefits provided to employees in addition to a compensation paid in the form of wage / salary. The Fringe benefits can be defined as:

According to D.W. Balcher, "any wage cost not directly connected with the employee productive effort, performance, service or sacrifice.

According to R. Cockmar, "Fringe benefits are those benefits which are provided by an employer to or for the benefit of an employee and which are not in the form of wages, salaries and time related payments".

According to C.B. Mamoria, "Fringe benefit is primarily a means in the direction of ensuring maintaining and increasing the income of the employee. It is a benefit which supplements to a worker's ordinary wages and which are of value to them and their families insofar as it materially increases their retirement". Thus the Fringe benefits are those monetary and non monetary benefits given to the employees during and post employment period which are connected with the employment but not to the employees contributions to the organizations.


Related Discussions:- Show fringe benefits

Describe the term human capital, Problem : I. Describe the term "Human ...

Problem : I. Describe the term "Human Capital" and explain its relevance and importance within the overall framework of managing an organisation. II. As an Human Resources

What are catalytic mechanisms? , Catalytic Mechanisms are easy managerial t...

Catalytic Mechanisms are easy managerial tools, initially explained by Jim Collins, which can assist organizations to convert goals into results. Catalytic mechanisms are the

What do you mean by registers, Q. What do you mean by Registers? A regi...

Q. What do you mean by Registers? A register is a collection of flip flops (and some basic combinational gates to perform different binary arithmetic and logic operations), whe

Differentiate between job analysis and job evaluation, Question 1: (a) ...

Question 1: (a) Define the term „piece-rate system? and describe 4 contexts in which it can be considered suitable. (b) What is Performance-related pay and discuss its adva

Explain the networked it platform, Explain the networked IT platform A ...

Explain the networked IT platform A networked IT platform should be installed to support the knowledge systems. Powerful system navigation and information exploration tools tha

Team processes, In order for teams to be able to reach their desired output...

In order for teams to be able to reach their desired outputs (performance, viability and well-being) they have to go through a number of processes. The extent to which they reach t

Explain past oriented method of appraisal, Q. Explain Past oriented method ...

Q. Explain Past oriented method of appraisal? 1. Rating scale: this is the simplest and the most popular technique for appraising all employee performance. The typical rating s

Show principal of participative decision making, Q. Show Principal of parti...

Q. Show Principal of participative decision making? Principal of participative decision making: Human resource development systems should facilitate participative decision ma

Explain the ethnocentrism and stereotyping, Explain the Ethnocentrism and S...

Explain the Ethnocentrism and Stereotyping? a) Ethnocentrism is the tendency to judge all other groups according to your own groups standards, behaviors and customs and to see

Show characteristics of the grievances, Q. Show Characteristics of the grie...

Q. Show Characteristics of the grievances? Characteristics of the grievances: some noticeable features of grievances are as follows: 1. A grievance refers to any form of dis

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd