fringe benefits are the benefits given in an organisations as an extra benefits. it includes lot of benefits like extra wages, employment security, health protection, personnel identification, retirement compensation, retrenchment compensation etc.

1. SEMINAR
ON
“FRINGE BENEFITS”
By: Sumandeep Kaur
MBA 2nd Sem, Sec-A
Roll No: 130423316

2. HRM- HUMAN RESOURCE
MANAGEMENT

4. FRINGE BENEFITS OR
EMPLOYEE BENEFITS

5. EATURES OF FRINGE
BENEFITS
 Different from regular wages.
 Provided for employee motivation.
 Useful but avoidable expenditure.
 Not directly linked with efforts.
 Beneficial to all employees.

6. OBJECTIVES
 To create an improve industrial relation.
 To boost up employee morale.

7.  To provide qualitative work environment and work life.
 To increase the fullest the employee’s job satisfaction and self- actualization.

8.  Employee Demand.
NEEDS FOR EXTENDING
BENEFITS
 Employer Preference

9.  To Improve Human Relations
 To IncreaseProductivity

10.  For Employee Security
TYPES OF FRINGE
BENEFITS
 For Health Protection

11.  For Old Age Retirement
 For Personeel
Identification & Participation

12.  Car Fringe Benefits.
FRINGE BENEFIT
CATEGORIES
 Loan Fringe Benefits.

13.  Car Parking Fringe Benefit
 Property Fringe Benefits

14.  Air-line Transport Fringe
Benefits
 Housing Fringe Benefits

15. FLEXIBLE BENEFITS
 Flexible benefit plans allow employees to choose the benefits they
want or need from a package of programs offered by an employer.
Flexible benefit plans may include health insurance, retirement
benefits etc.

16.  Recruitment & Retention
ADVANTAGES OF FRINGE
BENEFITS
 Healthier Staff

17.  Better Benefits
 Business owner

18.  High Cost
DISADVANTAGES OF
FRINGE BENEFITS
 Changing Plans

19.  Small Business, Less
Retirements
 Cost of Health Insurance

20. CONCLUSION
 Basically, a fringe benefit is a benefit provided to an employee or
an associate (For Example: Family, Spouse and children) because of
his employment.
 Fringe Benefits provide output in terms of employee loyalty and
co-operation, employee welfare and create Organizational image.
 Fringe benefit motivates the employee toward his work or task.