Latest Approach to Employee Benefits

General objective of this article is to explain latest approach to Employee Benefits. Employee benefits include different types of non-wage compensation provided to employees together with their normal wages or even salaries. Examples of these kinds of benefits include: housing, insurance, disability income safety, retirement benefits, daycare, tuition reimbursement, sick leave, holiday, social security, profit revealing, funding of education, and other specialized benefits. The aim of employee benefits is to increase the economic security of workers, and in doing thus, improve worker retention through the Institution.