Feature and Principles of Fringe Benefits

[sunandaC]

FEATURES OF FRINGE BENEFITS


Different from regular wages

Useful but avoidable expenditure

Not directly linked with efforts

Beneficial to all employees


PRINCIPLES OF FRINGE BENEFITS


Genuine interest for employees benefits

Real Need Satisfaction

Cost effective

Proper planning

Employee’s unity

Educated employees
*

 

[Business-education]

OBJECTIVES OF FRINGE BENEFITS

1. To create and improve relations
2. To boost up employee morale and confidence
3. To motivate the employees satisfying their unsatisfied needs.
4. To provide qualitative and fun loving resplendent work environment and work life.
5. To provide security to the employees
6. To protect the health of the employees and to provide safety to the employees against accidents.

 

[jitendra05]

FEATURES OF FRINGE BENEFITS


Different from regular wages

Useful but avoidable expenditure

Not directly linked with efforts

Beneficial to all employees


PRINCIPLES OF FRINGE BENEFITS


Genuine interest for employees benefits

Real Need Satisfaction

Cost effective

Proper planning

Employee’s unity

Educated employees
*

Hey sunanda, thanks for sharing the information on fringe benefit and its principles and features. I am really impressed and also appreciate your work. Well, i have also got a document which will provide more detailed information, so please download and check it.