ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fringe benefit
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Bonus check
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Commission
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Profit-sharing plan
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Detailed explanation-1: -Fringe benefit, any nonwage payment or benefit (e.g., pension plans, profit-sharing programs, vacation pay, and company-paid life, health, and unemployment insurance programs) granted to employees by employers. It may be required by law, granted unilaterally by employers, or obtained through collective bargaining.
Detailed explanation-2: -Common fringe benefits are basic items often included in hiring packages. These include health insurance, life insurance, tuition assistance, childcare reimbursement, cafeteria subsidies, below-market loans, employee discounts, employee stock options, and personal use of a company-owned vehicle.
Detailed explanation-3: -Stock options. Disability insurance. Paid holidays. Education reduction. Retirement planning services. Life insurance. Paid time off. Commuter benefits. More items •09-Mar-2023