Purchase Solution

Employment benefits versus compensation; unreasonable comp

Not what you're looking for?

Ask Custom Question

Write a paragraph explaining in your own words. What are the benefits of offering fringe benefits instead of traditional compensation? What are some of the issues of unreasonable compensation?

Purchase this Solution

Solution Summary

In a 348 word solution, the response offers 4 reasons who employers may prefer benefits. The issue of unreasonable compensation is explained from the perspective of the IRS together the potential tax assessment that may be made.

Solution Preview

What are the benefits of offering fringe benefits instead of traditional compensation?

Fringe benefits have become very popular in recent decades as the Boomers, X'ers and Y'ers entered the work force. Often they are considered perks and are used to lure and retain employees. Some reasons for the desirability on the part of employees may include:

1. peace of mind that some fringes offer to employees and their families
2. participatory management of retirement planning by companies on behalf of employees
3. company pride for perks ...

Purchase this Solution


Free BrainMass Quizzes
Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.