The benefits to workers are different according to the laws determined by each country. It is important that employees have all the relevant information so that there are no abuses or injustices
In addition to the salary as such or to the financial incentives, there are other types of items that workers receive and that are of the utmost importance. We refer to the benefits and services to which all employees within an organization are entitled. Therefore, these topics will be explained in a detailed way, hoping to make these concepts clear.
First, we will give a definition of benefit, understanding it as any complement to the salary that is delivered to workers. They can be vacations, pensions, profit sharing, life insurance, discounts on company products, etc. Every day these issues take more importance, since within an organization they must be legally instituted. There are many benefit plans, which we will detail below:
Complementary Features
They refer to remuneration for time not worked and are different according to the laws of each country. Among the most important are unemployment insurance, which is compensation granted to people who have not found a job due to factors beyond their control. Likewise, unemployment benefits are also aimed at dismissed workers who have not committed any wrongdoing, because otherwise they are not entitled to them.
The benefits for vacations and holidays are also found and vary according to the number of dates granted by each particular organization. One can pay 5 or 10 holidays or another 1 or 4 weeks a year.
Another type of supplementary benefits are those paid for the absence of workers from their position due to illness. The days you were unable to attend for this reason are canceled. There is also the liquidation that is a one-time payment made to an employee when he is fired from his job.
Insurance benefits
Within these remunerations are the compensation to workers that refer to income and medical or financial benefits to employees who have suffered an accident at their job, or to their relatives if the worker was disabled or died, in which case it is life insurance of great importance.
There are also hospitalization, medical and disability insurance aimed at protecting the worker against any eventuality or accident whose causes are unrelated to work as such. Among these benefits are plans for surgeries, visits to the eye doctor or dentist, against both physical and mental illnesses, and very importantly, benefits and benefits for pregnant women, since before they were simply fired from their workplace if they were In this state.
Working with better remuneration and service conditions gives motivation and generates a greater commitment to a company.
Retirement benefits
When a person reaches a certain age, his retirement from an organization is imminent, for this reason there must be plans for when this moment arrives, providing income to the worker or his family if the employee dies while receiving his payment.
There are many pension plans for retired workers such as savings plans or the payment of a certain amount of utilities for the individual, money that will be disbursed permanently or until the individual or their beneficiaries pass away.
Provision of services
Some companies also offer personal services to employees who may need financial, family, job relocation, legal advice, as well as conventions, meetings, parties, etc.
Lastly, there are employment-related services, helping workers if they need daycare centers or schools for their children, or if they are in charge of the elderly and cannot take care of them. Finally, some companies provide transportation, food, or educational subsidies to employees based on their needs.
We already appreciate that apart from salary, there are certain benefits to employees that make better working conditions possible. Therefore, we must inform ourselves and take advantage of all the benefits to which we are entitled if we are working or are close to doing so.
