What is broadly considered an employee benefit?

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The broad definition of employee benefits encompasses various forms of compensation that are not direct wages. Among the options provided, the choice that aligns with this understanding is the one referring to compensation forms such as workers' compensation (WC), unemployment benefits, and similar benefits. These are considered employee benefits because they provide additional financial security and support to employees beyond their regular salary or wages.

Employee benefits typically include health insurance, life insurance, disability insurance, retirement plans, and various forms of paid leave, alongside the unemployment benefits and workers' compensation mentioned. This definition reflects a comprehensive view of how employers may support their employees, ensuring their well-being and safety in the workplace.

Other options like direct wages, retirement benefits alone, and performance-based bonuses are not encompassed in the broader classification of employee benefits. Direct wages are the standard payment for work performed, and while retirement plans and performance bonuses can indeed contribute to the overall compensation package, they do not represent the full scope of employee benefits as defined in the context of comprehensive employee support systems.

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