Benefits | Economics Discussion

Fringe Benefits in HRM: Meaning, Objectives, Importance and Types

Everything you need to know about fringe benefits in HRM. Fringe benefits are supplementary compensation made in addition to wages, the object being to stimulate the interest of the workers and to make the job more attractive and conducive. Fringe benefits include status (cars, entertainment facilities, holidays, foreign travel, telephone); security (insurance, medical facilities, children's education), and work benefits (office [...]

By Sushmita D|2019-07-25T06:00:16+05:30July 25, 2019|Human Resource Management|Comments Off

Types of Employee Benefits: Professional, Social, Auxiliary, Fringe, Retirement

Everything you need to know about the types of employee benefits. Employee benefits or indirect compensations are group membership rewards that provide security for employees and their family members. Benefits are indirect financial and non-financial payments employees receive for continuing their employment with the company. They constitute an important part of every employee's compensation. Benefits and services are alternatively known [...]

By Shubhanwita S|2019-06-08T06:36:14+05:30June 8, 2019|Employment|Comments Off

Top 3 Benefits of Foreign Investment | Economics

The following points highlight the top three benefits of foreign investment. The benefits are: 1. New Jobs 2. New Technology 3. Foreign Exchange Earnings. Benefit # 1. New Jobs: Firstly, foreign investment is likely accelerate the rate of growth of developing countries and create more jobs and incomes in the process. However, there is a limit to the number of [...]

By Nipun S|2017-01-13T05:55:11+05:30January 13, 2017|Foreign Investment|Comments Off

Tag Archives | Benefits

Fringe Benefits in HRM: Meaning, Objectives, Importance and Types

Types of Employee Benefits: Professional, Social, Auxiliary, Fringe, Retirement

Top 3 Benefits of Foreign Investment | Economics