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How does fringe benefit affect secondary income tax rate?
Second way is that fringe benefit can act as substitutes for salaries. This substitution can enlarge job satisfaction if the employee’s secondary income tax rate increases because by this way we can reduce the employee’s tax burden.
What is the impact of fringe benefits on job satisfaction?
IMPACT OF FRINGE BENEFITS ON JOB SATISFACTION. The impact of fringe benefits is not yet clear because in on way more fringe benefits given to employees may reduce job mobility or earnings but in other way fringe benefits also have positive impact on job satisfaction. Fringe benefits must raise job satisfaction.
How are fringe benefits related to workers comp?
From all those first and foremost are that fringe benefits act as important element of workers compensation. Some benefits like medical insurance and social security are legally required by the employee. Second way is that fringe benefit can act as substitutes for salaries.
Last Update: Oct 2021
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