The main challenge for international employers is not just that legal requirements are rapidly changing but that they also vary from jurisdiction to jurisdiction. Clients with an international footprint rely on our seamless service, drawing on the expertise of over 50 member firms from around the world. Our lawyers in Europe, the United States, Canada, South America, the Middle East and Asia can deliver both local and cross border advice on the full range of employee benefit and compensation issues and help you to harmonise terms and conditions throughout your network.
Employee Benefits – More results
Types of Employee Benefits and Perks – The Balance
What are employee benefits? What benefits and perks can you expect to receive when you’re hired by a company? An employee benefits package includes all the non-wage benefits, like insurance and paid time off, provided by an employer. There are some types of employee benefits that are mandated by law, including minimum wage, overtime, leave under the Family Medical Leave Act, unemployment, and workers compensation and disability.
There are other types of employee benefits that companies are not required to offer, but choose to provide to their employees. There are some benefits and perks you may be able to negotiate as part of your compensation package when you’ve been offered a new job.
What Are Employee Benefits?
Employee benefits are non-salary compensation that can vary from company to company. Benefits are indirect and non-cash payments within a compensation package. They are provided by organizations in addition to salary to create a competitive package for the potential employee.
Employee benefits – Wikipedia.
Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. In instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a ‘salary packaging’ or ‘salary exchange’ arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree. Examples of these benefits include: housing (employer-provided or employer-paid) furnished or not, with or without free utilities; group insurance (health, dental, life etc.); disability income protection; retirement benefits; daycare; tuition reimbursement; sick leave; vacation (paid and non-paid); social security; profit sharing; employer student loan contributions; conveyancing; domestic help (servants); and other specialized benefits.
Employee Benefits – Careers – Boston Scientific
Boston Scientific recognizes that individual good health, financial wellness and security are all critical for our employees to achieve their personal best. Boston Scientific offers competitive core benefits, but we also differentiate ourselves by providing flexible options that meet your individual needs. We strive to offer you programs that acknowledge, respect, and support your life and work choices. We’re investing in you.
Become a true compensation & benefits professional with an eye for the strategic context of Human Resource Management. This programme will enable you to design compensation & benefits policies that motivate your employees while keeping their focus on the company’s strategic objectives.
Dail Employee Benefits – Corporate – AXA.be
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Employee Benefits – Business Belgium
Given the heavy tax burden in Belgium, extra-legal benefits are quite common and popular. With extra-legal benefits, an employer can offer (extra-legal) advantages whereby his / her employees will be motivated and protected. Besides, some of these employee benefits are exempted from tax and social security charges, provided that certain conditions are met.
Belgian employees are entitled to a state pension provided that they have worked at least 30 years out of the last 45. But the amount of the pension is rather limited. According to the number of employees, and depending on their security and return expectations, an employer can offer a tailor-made pension plan (fixed premiums or defined benefit).
The most common form of employee benefits in Belgium is group insurance. Generally speaking, such an insurance guarantees pension capital, capital in case of death, incapacity to work and health insurance. Sometimes, these benefits are partly funded by employees.
All employees in Belgium must contribute to a health insurance fund (a mutuelle). Most medical costs are partly reimbursed by the health insurance fund. Employers can provide employees with an additional health insurance cover as employee benefit.