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

Type of work environment, 1. Give me an example of an idea that has come to...

1. Give me an example of an idea that has come to you and what you did with it? 2. Give me an example of a problem you solved and the process you used? 3. What goals have you

Perfomance, Difference between Productivity and performance

Difference between Productivity and performance

What are the features of an performance appraisal system, Question 1: (...

Question 1: (a) What are the features of an effective performance appraisal system? (b) Discuss the advantages and disadvantages of performance appraisal systems? Qu

Explain importance of effective human resource management, Question 1: ...

Question 1: Explain the importance of effective human resource management within the hospitality and tourism industry. How would you distinguish between personnel management a

Main functions of communication, Problem 1 a. Give a definition of comm...

Problem 1 a. Give a definition of communication. b. Briefly explain the main functions of communication. c. Give and describe the 4 secondary functions of communication.

Available resources for integrated learning, Q. Available Resources for int...

Q. Available Resources for integrated learning? Look around the setting you work in and identify the resources already available to you. What else might you want to have? These

Need for testing, Need for testing: every organization should provide trai...

Need for testing: every organization should provide training to the all employees irrespective of their qualification, skill, and suitability for the job etc. Training is not some

Hrm strategies, HRM Strategies Analyse the significance of HRM models fo...

HRM Strategies Analyse the significance of HRM models for the analysis of HRM strategies in MNE's in tourism, and leisure, hospitality organisations 1. Identification of HRM ap

What do you mean by personal accountability, Q. What do you mean by persona...

Q. What do you mean by personal accountability? An enriched job holds the incumbent responsible for the results. He receives praise for good we conclude that the management sho

Developing a strategic approach to human resources, As China continues to m...

As China continues to modernise and allow more scope for capitalist forms of market exchange, a growing number of modern-style supermarket chains are emerging to cater for the more

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