188k views
16 votes
4. Employee benefits (also now as fringe benefits or job benefits) are:

a. Subtracted from your gross wages to calculate Total Job Benefits
b. Added to gross wages to calculate Total job Benefits
C. Are required to give employees
d. None of the above

User Rollsch
by
4.3k points

1 Answer

10 votes

Answer:

b. Added to gross wages to calculate Total job Benefits

Step-by-step explanation:

Employee benefits are incentives offered by employers on top of their regular salaries. Examples of benefits include medical insurance, bonuses, allowances, vacations, educational benefits, among others. These benefits are also known as fringe benefits.

Employee benefits are subject to tax. When calculating an employee's total gross pay, benefits are added to the regular pay to get the total earnings by the employee.

User Kerry Johnson
by
5.1k points