Fringe Benefits

  

Categories: Company Management

Money. As Pink Floyd said, it’s a gas.

It’s also something we need to survive, which is why we tend to look for jobs with salaries that cover our expenses.

But what if two organizations offer us the same great job at the same great salary? How do we choose between them? Well, we might look at the fringe benefits they offer: the non-salary perks available to employees. Maybe we’ll get a company truck here; maybe that company will pay for our kids’ daycare. Maybe Company A offers mind-blowingly awesome healthcare and life insurance, while Company B will pay for our master’s degree and a gym membership.

Businesses have figured out that, if they really want to attract the best of the best, they have to come to the table with more than just dollars. They’ve got to sweeten the pot with things beyond a paycheck—fringe benefits—that will make people want to work there.

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Finance: What are Unemployment Benefits?3 Views

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Finance Allah Shmoop What are unemployment benefits Well a century

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ago and you lost your job This is what happened

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to you then this and then this Well the government

00:14

decided that America was better than this and that there

00:17

should be a shock absorber in the personal economies of

00:20

individuals when they were fired And yes sometimes employees did

00:24

such a lousy job at work They deserve to get

00:27

fired But other times cos downsized into higher divisions so

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employees who are at no fault of their own were

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fired And other times injuries illness and other factors played

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a role in turning this guy into this guy So

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the U S Government created an unemployment benefit system that

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filtered through out the country And it was a kind

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of buffer when an employee went from earning a grand

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a week Teo nothing Unemployment benefits comprise a few things

00:53

Well first there's the money And in order for there

00:55

to be money in the till somewhere too Hey for

00:57

that unemployment benefit system the US introduced attacks that basically

01:02

socks away money for the future with certainty that well

01:05

at some point a whole lot of people will be

01:07

unemployed and appreciate the buffer It's a fair question to

01:10

ask What about the people who were planners plotters preparers

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for a rainy day But why do you tax those

01:17

people so that they then pay for workers who got

01:20

fired and weren't disciplined enough to save their own damn

01:23

money Well it's kind of the price you pay for

01:25

being a superpower So yeah the US does have freeloaders

01:28

criminals leeches on the system lazy people and bad workers

01:32

But we have so many more of the good egg

01:34

kind of people that we can at least as faras

01:36

today goes afford TTO have a generous unemployment system So

01:41

how does one actually qualify for unemployment benefits Well usually

01:44

you have to have lived in your state for at

01:46

least a year before collecting them and typically you have

01:49

to show that you're continually actively seeking employment and not

01:53

just binging Handmaid's tale on your sofa And often you

01:57

have to show that you were laid off through no

01:59

fault of your own Like if you were fired from

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RVs for throwing four pounds of roast beef at the

02:04

head of a customer No you'll probably need to look

02:07

into you know Plan B i e soliciting your family

02:10

for alone instead of hoping unemployment covers Yeah And well

02:13

don't expect the benefits to allow you to continue your

02:16

existing quality of life Generally even if you do qualify

02:19

for benefits well you'll get about a third or after

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our last of your old salary So you're less likely

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to end up on easy street with unemployment benefits than 00:02:29.25 --> [endTime] you are to end up on the streets

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