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

Training and Development, Explain the competency-based and the traditional ...

Explain the competency-based and the traditional approach to training. Select several training models and assess their effectiveness for the global organization. Include training i

What are the main components of a reward policy, Question 1: (a) What ...

Question 1: (a) What is a reward policy? (b) What are the main components of a reward policy? Question 2: "The concept of the psychological contract is an important

Show fringe benefits, Q. Show Fringe benefits? Meaning & definition: Fr...

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 / sa

Writing up the review, Writing up the review The review should not be a ...

Writing up the review The review should not be a series of disconnected abstracts or summaries of the sources you have studied in your reading. It should, rather, provide a cohe

Challenges associated with diversity in teams, To counter the challenges as...

To counter the challenges associated with diversity in teams, Leonard - Barton (1995) uses the term creative abrasion to describe the process of involving a variety of people with

Recruitment process-human resource management, Recruitment process When...

Recruitment process When an organization finds that it needs to hire additional staff, it starts a recruitment process. Recruitment is aimed at developing a pool of possible ca

Explain essay method of appraisal, Q. Explain Essay method of appraisal? ...

Q. Explain Essay method of appraisal? Essay method: in the essay method, the ratter must describe the employee within a number of broad categories such as: a. The ratter's o

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