PRINCIPLE AND OBJECTIVES OF FRINGE BENEFITS

[abhishreshthaa]

PRINCIPLE

Genuine interest for employees benefits


Real Need Satisfaction


Cost effective


Proper planning


Employee’s unity


Educated employees



OBJECTIVE

To supplement direct remuneration


To recruit and retain the employees


To protect employees


To create positive employees attitude


Loyalty creation


Organization Image creation in market


Trade union strength

 

[Business-education]

What is Fringe benefits

A fringe benefit is a form of pay for the performance of services. For example, you provide an employee with a fringe benefit when you allow the employee to use a business vehicle to commute to and from work. Performance of services. A person who performs services for you does not have to be your employee.

FRINGE BENEFITS

:SugarwareZ-100:

 

[jitendra05]

PRINCIPLE

Genuine interest for employees benefits


Real Need Satisfaction


Cost effective


Proper planning


Employee’s unity


Educated employees



OBJECTIVE

To supplement direct remuneration


To recruit and retain the employees


To protect employees


To create positive employees attitude


Loyalty creation


Organization Image creation in market


Trade union strength

Hey abhi, thanks for sharing the information and explaining about the principles and objectives of fringe benefits. BTW, i have also got some study material related to fringe benefits and would like to share it with you.