Benefit programs
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Benefit programs are compensation in addition to wages. Workers' entitlements in addition to base salary (for example, health insurance, life insurance, disability pay, retirement pension, and so on).
Definition
According to the HRBoK Guide,
- Benefit programs. Compensation in addition to wages. Workers' entitlements in addition to base salary (for example, health insurance, life insurance, disability pay, retirement pension, and so on).