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

What are different factors that cause attraction in humans, Question 1: ...

Question 1: (a) Define social psychology and explain how it is different from social psychology, sociology and philosophy. (b) Using appropriate examples, explain how the

Can you handle pressure, Can you handle pressure? Of course saying 'yes...

Can you handle pressure? Of course saying 'yes' will not convince anyone.Explain how you turned out a professional work product despite juggling many competing projects,despite

Structured and indirect interview, Structured and Indirect Interview: ...

Structured and Indirect Interview: The structured and indirect interview has become a techniques of unbiased research because the biases of the interviewer and to the interpr

Sampling methods, Sampling Methods: It is not always feasible or neces...

Sampling Methods: It is not always feasible or necessary to contact everyone in a population. Instead, a sample can be used, from which to generalise to the population as a wh

Human resource management mcom, effective human resource management depends...

effective human resource management depends on sound reward system comment

Explain about knowledge repositories, Explain about Knowledge repositories ...

Explain about Knowledge repositories The centres may have the following functions in relation to the knowledge repositories: a) Creating and managing the knowledge reposi

Steps involved in the human resource planning process, QUESTION Human R...

QUESTION Human Resource planning has been described as the basic function of human resource management since all the other functions will depend on it. However, with globalizat

Outline the process of performance management, Question 1: "Performance...

Question 1: "Performance Management is a means of getting better result by understanding and managing performance within an agreed framework of planned goals, standards and co

Manager or leader in organization, As a manager or leader in any organizati...

As a manager or leader in any organization, there are going to be times when new policies need to be enacted to improve the overall productivity of the organization. As a result of

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