Employees Services "Fringe"

Employer provides a broad array of services that increase the lifestyle of workers. In some particular cases, these services grant workers time off with pay. In other particular cases, the services include extremely valued in-kind benefits, which, if buy by workers themselves, would need the expenditure of after-tax dollars. In given that these services, usually the employer attain a tax deduction and, in most of the cases, the service or good is not considered an earned income item. Even in cases in which workers might be charged with extra earned income for the receipt of the service or good, the charge to income is less considerably than the price that would have been incurred by the recipient. The three main sets of components which constitute the worker services group are:

(1)        pay for time not work

(2)        time off with no pay and

(3)        income equivalent payments & reimbursements for incurred expenses.