Examples of fringe benefits in the following topics:
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- Fringe benefits are various indirect benefits, often of a more discretionary nature than standard benefits.
- Examples of fringe benefits, depending on employee seniority and job requirement, are take-home vehicles, hotel stays, and first choice of such things as job assignments and vacation scheduling, as well as first option to apply to certain internal vacancies.
- Other fringe benefits can include employee discount programs at shops, hotels, gyms, movie theaters, and so on.
- The term "fringe benefits" was coined by the War Labor Board during World War II to describe the various indirect benefits which industry had devised to attract and retain labor when direct wage increases were prohibited.
- Fringe benefits are also thought of as the costs of keeping employees other than salary.
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- Hiring and retaining employee talent is a critical factor in success, and providing fringe benefits can be an effective tool in this process.
- As the search for high-quality workers becomes more difficult and health care costs increase, it has become important to offer fringe benefits to gain a competitive advantage.
- Common benefits include the following:
- Another key benefit for top talent is the offering of stock options.
- Identify the critical importance of providing strong benefits packages, particularly in light of current external factors (e.g., health care costs)
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- ., benefits) are essential in recruiting skilled employees and maintaining a satisfied workforce.
- Non-monetary benefits are essential to attracting a productive workforce.
- For example, skilled employees may be more likely to join an organization that offers free onsite parking, retirement benefits, and extra paid time off than an organization that does not offer these fringe benefits.
- The largest category of non-monetary compensation includes benefits.
- Some governments mandate benefits such as retirement savings matching, but organizations can offer additional retirement benefits through a matching plan.
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- Extrinsic motivators include status, job security, salary, and fringe benefits.
- Extrinsic motivators (e.g., salary, benefits) are expected and so will not increase motivation when they are in place, but they will cause dissatisfaction when they are missing.
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- He distinguished between: Motivators (e.g. challenging work, recognition, responsibility) which give positive satisfaction, and Hygiene factors (e.g. status, job security, salary and fringe benefits) that do not motivate when present but, if absent, result in demotivation.
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- Labor, including associated costs such as payroll taxes and benefits, and
- Costs of payroll taxes and fringe benefits are generally included in labor costs, but may be treated as overhead costs.
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- Employee compensation (cost of fringe benefits, including unemployment, health, and retirement benefits);
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- To create interference fringes on a detector (see Figure 2 ), the paths may be different lengths or composed of different materials.
- Colored and monochromatic fringes in a Michelson interferometer: (a) White light fringes where the two beams differ in the number of phase inversions; (b) White light fringes where the two beams have experienced the same number of phase inversions; and (c) Fringe pattern using monochromatic light (sodium D lines).
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- The benefits of party membership include a pre-existing voter base, but perhaps more significantly, access to a fundraising network.
- Also, 2012 Republican candidate Mitt Romney is Mormon, which is considered by many to be a fringe protestant denomination.
- Assess the costs and benefits -- to candidates and the public -- of the two party system
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- If the path length difference between the two reflected light beams is an odd multiple of the wavelength divided by two, λ/2, the reflected waves will be 180 degrees out of phase and destructively interfere, causing a dark fringe.
- The constructive interference of the two reflected waves creates a bright fringe.