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Employee Benefits
Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are various non-wage compensations provided to employees in addition to their normal wages or salaries. Where an employee exchanges (cash) wages for some other form of benefit, this is generally referred to as a 'salary sacrifice' arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree.
Fringe benefits can include, but are not limited to: (employer-provided or employer-paid) housing, group insurance (health, dental, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), social security, profit sharing, funding of education, and other specialized benefits.
The purpose of the benefits is to increase the economic security of employees.
The term perqs or perks is often used colloquially to refer to those benefits of a more discretionary nature. Often, perks are given to employees who are doing notably well and/or have seniority. Common perks are company cars, hotel stays, free refreshments, leisure activities on work time (golf, etc.), stationery, allowances for lunch, and—when multiple choices exist—first choice of such things as job assignments and vacation scheduling. They may also be given first chance at job promotions when vacancies exist.
Blawg of the Day -- Employee Benefits Law
Today we'll head to Colorado for our law-related blog of the day: Employee Benefits Law is dedicated to attorneys and business people throughout the Rocky Mountain region...
?Marriages of Same-Sex Couples and Employee Benefits Plans?
Leonard Links reports:
A friend emailed with the question whether anything had been published about the impact of same-sex marriages on employee benefits plans in the US, in light of ERISA preemption, DOMA, federal and state tax codes, etc...
Lurie's Recent Employee Benefits Articles
Alvin Lurie has been busy publishing articles on the ERISA and employee benefits front. The first article, It's a PIP - Or Is It?, concerns "an idea that has been wafting about in legislative halls and hearing rooms, in print...
The Impact of the Economic Collapse of U.S. Employee Benefits
One of the less followed stories during the economic collapse is its potential impact on the employee benefits of employees in the United States...
Recently Published Scholarship: Employee Benefits Law Symposium
The John Marshall Law Review Volume 40, Spring 2007, Number 3 Articles Alison McMorran Sulentic, Secrets, Lies & ERISA: The Social Ethics of Misrepresentations and Omissions in Summary Plan Descriptions, p...
Another Court Allows ?Benefits Interference? Claim for Terminated Employee
We reported last month on the decision by the 7th Circuit Court of Appeals in Dewitt v. Proctor Hospital in which the court allowed a claim by a plaintiff who contended that she was fired because of her husband?s high...
Can my employer threaten me with termination if I don't seek a transfer to another department?
In many jurisdictions, employees are "at will". This means that their employmen...
How to prevent an arrest from appearing in the local newspaper?
Dont know the law in Minnesota but in most jurisdictions an arrest is a matter o...
I work in a goverment office and since 1999 an employee has been harassing me calling and hanging up on me. Trying to catch my hand in a door. Driving in front of me and slaming on her brakes. The goverment agnecy has no
Start by keeping a record of all her unreasonable behaviour towards her, down to...
How are social security death benefits split between multiple surviving spouses?
Both would receive the same benefit amount, without either being reduced from wh...
Can I sue my employer for creating a hostile work environment and lying about my work performance to get me to quit?
How does the owner of the business feel about all of this? I suggest that you tr...
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Can my employer threaten me with termination if I don't seek a transfer to another department?
In many jurisdictions, employees are "at will". This means that their employmen...
How to prevent an arrest from appearing in the local newspaper?
Dont know the law in Minnesota but in most jurisdictions an arrest is a matter o...
I work in a goverment office and since 1999 an employee has been harassing me calling and hanging up on me. Trying to catch my hand in a door. Driving in front of me and slaming on her brakes. The goverment agnecy has no
Start by keeping a record of all her unreasonable behaviour towards her, down to...
How are social security death benefits split between multiple surviving spouses?
Both would receive the same benefit amount, without either being reduced from wh...
Can I sue my employer for creating a hostile work environment and lying about my work performance to get me to quit?
How does the owner of the business feel about all of this? I suggest that you tr...
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