Fringe benefits are extra benefits provided to employees in addition to normal compensation like wages or salary. They include things like health insurance, retirement benefits, paid time off, and recreational activities. Major IT companies in India like Infosys, Wipro, and IBM offer fringe benefits to attract and retain top talent. These benefits include health programs, food and transportation subsidies, stock purchase plans, childcare assistance, and extensive on-site amenities like gyms, pools, and entertainment facilities. Fringe benefits help improve employee welfare, motivation, and work-life balance.

1. FRINGE BENEFITS JOSEPH GEORGE Reg No:1016057 II MBA AIMIT.

2. Fringe Benefits fringe benefits refers to the extra benefits provided to employees in addition to the normal compensation paid in the form of wage or salary.

4. paid to all employees

5. indirect compensation

6. help raise the living conditions

7. may be statutory or voluntaryMain features

9. Trade unions demands.

10. Employer’s preference.

11. As a social security.

14. Employee security.

15. Safety & health.

16. Workmen’s compensation.

17. Health benefits.

18. Voluntary arrangements.

19. Welfare & recreational facilities.

21. (f) maintenance of guest house (g) conference (h) employee welfare (i) use of health club, sports and similar facilities (j) sales promotion, including publicity (k) conveyance, tour and travel, including foreign travel expenses

22. (o) consumption of fuel other than industrial fuel (p) use of telephone (q) scholarship to the children of the employees

23. Fringe benefits offered by: IBM Wipro Infosys

25. WIPRO Cash compensation Social security & well-being Development & education Employee stock purchase program 5% discount of wipro stocks Leave of absence programs Relocation program Railway half-fare season ticket

26. Family service: areas of childcare Homecare & eldercare Bonus for recommending new employees Special conditions for insurance Sickness & accident income plan

28. Social security Development & education Cash compensation Providing transit passes & van pooling Airways fair Travelling & food

29. Treasury regulations Providing maternity leave Bicycle commuter expenses

39. RECREATION FACILITIES Gymnasium at Electronics city campus of Infosys at Bangalore is one of the largest gymnasiums in Asia and a mini golf course among others ... They even have boating and saloon facilities in their campus so that employees can relax and can take break in their hectic schedules. rest and recreation facilities such as a gymnasium, swimming pool, tennis, basketball and volleyball courts, in addition to cafeterias offering international cuisine

40. Food Courts, Health Club, Fitness Center with a special enclosure for Aerobics, Golf club. Amphitheatre, , a well-stocked Library, High speed connectivity, transportation facilities, stone-laid walking paths connecting each building (or one can use the bicycles provided to move around the campus) Medical facilities, Bank, ATMs, Travel Counter.

41. FACILITIES PROVIDED AT MYSORE CAMPUS The $120 million Infosys center There's a Domino's Pizza, an infinity pool studded with palm trees, and a geodesic dome housing three movie theaters. But the real mission is teaching the Infosys Way to the 15,000 employees the fast-growing company hires a year--an average of 40 a day.

42. SCHOLARSHIP TO THE CHILDREN OF EMPLOYEES AS PER THE LAST ANNUAL REPORT, INFOSYS SPEND LOT OF MONEY AS SCHOLARSHIP TO THE CHILDREN OF EMPLOYEES.

43. HEALTH ASSESSMENT PROGRAMMES FOR EMPLOYEES Measure to help employees to be proactive about their own health and well being", It is also called health assessment and lifestyle enrichment programme. (HALE PROGRAMME) Programme includes hobbies, interests, sessions for dance,aerobics, Yoga, painting, and Pranic healing. z

44. health check-up facilities from simple tests to cancer screening. Lectures on eye care, stress management, skin care and good eating habits

46. OFFSITE TRIPS.

47. CULTURAL PROGRAMMES ,FAMILY DAYS.

48. CHILL OUT EVENING PARTIES.

49. SHOPPING OPTIONS.

50. MEDICAL CENTRES AND ATMS.

51. HOSTELS, HOTELS AND DORMITORIES.

52. MULTIPLEX.

53. FOOTBALL AND CRICKET GROUNDS.

54. MULTIPLEX