Employee Benefits
/ɪmˈplɔɪ.i ˈbɛnɪfɪts/
Definitions
- (n.) Forms of non-wage compensation provided to employees in addition to regular salary or wages, such as health insurance, retirement plans, and paid leave.
The company offers competitive employee benefits including dental coverage and a 401(k) plan.
Forms
- employee benefits
Related terms
See also
Commentary
Employee benefits often require careful drafting to comply with labor and tax laws; clarity in plan terms minimizes disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.