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Employment Memo - Pay and conditions - Pay - Elements of remuneration - Remuneration package - Benefits and employee share schemes - 2837

Employers often provide employees with benefits (called benefits in kind) as well as a basic salary and other cash payments. These may be offered as part of an offer package to entice prospective employees to work for them and to assist in the retention of staff. Certain benefits, such as private healthcare and gym membership, may also aid their employees' health and well-being. Flexible benefit packages have increased in popularity and are typically made up of a set of “core benefits” provided to all staff...
Published 16.11.2020 Click here

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