employment benefits
Workplace compensation additions
Employment benefits are forms of compensation beyond wages or salary that an employer provides to workers.
These typically include health insurance, retirement plans, paid time off, and life insurance.
Benefits may also encompass less tangible perks like flexible scheduling, remote work options, or professional development: The salary was modest, but the employment benefits made up for it.
Also called fringe benefits or simply benefits.
- dental insuranceCoverage for oral care
- vision careServices for sight health
- disability insuranceCoverage replacing lost wages
- health insuranceProtection against medical costs
- life insuranceContract paying upon death
parental leave · sabbaticals · flexible hours · open enrollment · retirement plans · matching contribution · mentorship opportunities · childcare assistance · tuition reimbursement · severance packages · sign-on bonus · pension schemes · stock options · housing allowances · living wage · profit sharing · golden parachute · training programs
employment benefitsbase salary
Guaranteed regular compensation
base pay · wages · hourly pay · take-home pay · gross salary
employment benefitsno benefits
Lacking additional compensation
gig work · unemployment · joblessness · contract work · at-will employment