Employer-paid benefits

Employer-paid benefits is something extra that employees receive in addition to salary. Benefits that an organization gives its employees in addition to salary (for example, medical insurance, payments to retirement funds, and allowances for cars or clothing).

Definition

According to the HRBoK Guide,

Employer-paid benefits. Something extra that employees receive in addition to salary. Benefits that an organization gives its employees in addition to salary (for example, medical insurance, payments to retirement funds, and allowances for cars or clothing).