Employee Benefits
Employee Benefits are the things that companies give to their employees apart from their regular salary. These benefits are meant to make employees happy, secure and satisfied with their jobs.Having an employee benefits plan is important for a company because it helps them keep their employees happy and working well. It also helps the company keep its employees for a time.
Common Categories of Employee Benefits :
- Medical and health insurance
- Paid time off including Earned Leave, Sick Leave and Casual Leave
- Provident Fund, gratuity and other benefits that the law says companies must give Incentives when you do a good job
- Plans for when you retire
- Arrangements that help you work better and feel good
Good employee benefits programmes help companies keep their employees motivated and happy. This makes the workplace a nice place to be. Earned Leave is a part of these benefits. It helps employees plan their time off. Employee Benefits are important for companies. They include things, like Earned Leave, which is a type of paid leave.
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