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

Certain principles for better selection-human resource, Certain principles ...

Certain principles for better selection There are therefore certain principles that if observed by both the interviewers and the interviewees could lead to better selection. 1

a campaign proposal, is there a way of downloading a paper i could use for...

is there a way of downloading a paper i could use for an example

Identify the steps in the selection process, Question 1: Hospitality an...

Question 1: Hospitality and tourism operators have recognised that in order to compete effectively in a turbulent environment, they need to differentiate themselves from the

Discuss Labour Welfare measures used for employees in an org, Discuss Labou...

Discuss Labour Welfare measures used for employees in an organization

Workers participation through complete control, Q. Workers participation th...

Q. Workers participation through complete control? Participation through complete control: workers acquire complete control of the management through elected boards. The system

Human resource planning, Q. Human resource planning? Human resource pla...

Q. Human resource planning? Human resource planning essentially involves forecasting personnel needs, assessing personnel supply and matching demand supply factors trough perso

OPERATION RESEARCH, A paper mill produces two grades of paper viz., X and Y...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Discuss that technological breakthrough has brought , Discuss that technolo...

Discuss that technological breakthrough has brought a radical changes in HRM

Historical origins of national industrial relations systems, Question 1: ...

Question 1: a) Outline the main characteristics of the four approaches to international staffing. b) Should multinationals be concerned about expatriate failure? If so, wh

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