Forms of compensation (excluding cash) available to employees. Benefits include but are in no way limited to the following: health coverage, vacation, income protection, retirement savings.
Employee Assistance ProgramsAn employer-initiated program designed to help identify and resolve personal employee concerns that affect job performance. Some areas of concern may be substance abuse, marital problems, family troubles, stress, domestic violence, childcare, and eldercare. Services usually are provided by a third party to protect employee confidentiality.
Employee Achievement AwardsAny employer can establish an employee achievement award program, using whatever criteria wished to determine achievement. However, under IRS rules, the employer may establish a qualified plan based upon length of service and /or safety.
National Compensation Forecast January 2024
Download This White PaperHow to Market Price Jobs
Download This White PaperAccess a small portion of our data and experience our Assessor Series at your own pace.
Common Compensation Terms and Formulas