BizSugar.com › Employee Benefits › Advantages and Disadvantages of Employee Benefits

The term employee benefits inculcate the different kinds of indirect recompense provided to the employees apart from their normal salary. Employee benefits includes benefits from various sources i.e. medical insurance, life insurance, retirement benefits, fringe benefits, paid time off, social security and other specialized benefits. Most often the employees working under the specific constraints and meeting deadlines before or whose work is being performed with full focus or dedication are the eligible nominee for getting the perks of employee benefit the most. But in some companies it is kept mandatory to provide employee benefit as it helps them to grow.