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Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
Employee benefits, appraisals, and rewards are all encouragements to bring forward the best employees. Maintenance: involves keeping the employees' commitment and loyalty to the organization. Managing for employee retention involves strategic actions to keep employees motivated and focused so they remain employed and fully productive for the ...
Employees that benefit from this style of management include those who are new, unskilled, or unmotivated, as they need the supervision and clear direction. Managers can benefit greatly from using this style in times of crisis or serious time constraints.
The employee compares their inputs relative to outcomes; and, then, extrapolating to the social context, the employee compares their input/outcome ratio with the perceived ratios of others. If the employee perceives an inequity, the theory posits that the employee will adjust their behavior to bring things into balance.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
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An employee's spouse, children, and parents are considered immediate family. The term "parent" does not include an employee's in-laws or children over the age of eighteen unless they are "incapable of self-care" because of mental or physical disability that limits one or more of the "major life activities."
If the appropriate cost/benefit structure exists (or is created), "good" employees will buy more education in order to signal their higher productivity. The increase in wages associated with obtaining a higher credential is sometimes referred to as the “ sheepskin effect ”, [ 5 ] since “sheepskin” informally denotes a diploma .