Explain the need for fringe benefits?

Need for fringe benefit

employee demand the demand employee now a days demand for fringe benefits rather than hits because of reduction in tax burden on the employees side and in view of girl loping price index and cost of living...

trade unions demand various

trade unions are competing with each other for getting more and more benefit for their members if one Union such a in the management for a new benefit The Other Union will try to conceive management for an additional benefit..

to improve human relations

improve human relation is a process of addressing the needs of the employees and satisfied theme fringe benefits satisfy employee economical social and psychological needs...

types of Fring benefit

payment for time not work it involve the payment made to workers for the time during which they have not work such as paid holiday paid vacation it is these are described with horse of her factory act 1948 specified that out adult worker shall be required to work in factory more than 48 hours in a week it some organisation number of working hours are less than the legal requirements..