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CMC was originally an offshoot of the College of the Desert. [3] Founded in 1966 for the purpose of providing education opportunities for the surrounding desert communities and families stationed at the 29 Palms Marine Corps Air Ground Combat Center, the college held its first courses in classrooms at the 29 Palms High School campus during the fall, 1967 semester.
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McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.
Employee benefits refer to the extra advantages offered to employees in addition to their salary. These consist of packages provided by the employer to enhance the cash compensation. Benefits typically encompass health coverage, income protection, savings, and retirement programs, all of which offer security for employees and their families. [ 3 ]
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Fringe benefits are also thought of as the costs of keeping employees other than salary. These benefit rates are typically calculated using fixed percentages that vary depending on the employee’s classification and often change from year to year. Executive benefits (e.g. golden handshake and golden parachute plans), exceed this level and are ...