Benefits in kind
Benefits in kindThese are benefits, excluding salaries, given to employees which include cars and car fuel, medical insurance and gifts etc. and which are taxed as employment income.
Fixed benefitsFixed benefits
Payments to a beneficiary that are paid in fixed preset amounts and are not variable.
Accrued benefitsAccrued benefits
Benefits earned by an employee in respect of his/her pension based on years of service with his/her employer.
Benefits AgencyBenefits Agency
An executive agency within the DSS (Department of Social Security), the Benefits Agency was replaced by Jobcentre Plus in April 2002. Jobcentre Plus issues benefits to those of a working age, and helps the unemployed to find a job.http://www.jobcentreplus.gov.uk
Unfunded unapproved retirement benefits schemeUnfunded unapproved retirement benefits scheme
An unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office.
Fringe benefitsFringe benefits
Benefits to employees additional to salary. Typical examples would be company cars, expense accounts and private medical insurance which in the USA are not normally taxable. However they would be liable for tax in the UK.
Further SuggestionsIndirect diversification benefits
Social Security benefits
Incremental costs and benefits