These are the additional payments or facilities provided to the
workers apart from their salary and direct cost-allowances like house rent, dearness and
city compensatory allowances. These benefits are given in the form of overtime, extra
shift duty allowance, holiday pay, pension facilities etc.
These indirect benefits stand to improve the morale, loyalty and stability of employees
towards the organisation. If the amount of fringe benefit is considerably large, it may be
recovered as direct charge by means of a supplementary wage or labour rate; otherwise
these may be collected as part of production overheads.
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