Employee Benefit

Business / Accounting / Employee Benefit: Something of value that an employee receives in addition to a wage or salary. Examples include health insurance, life insurance, discounted childcare, and subsidized meals at the company cafeteria.

Other Words for Benefit

Benefit Verb Synonyms: improve, aid, help, better, promote, further, advance, forward
Benefit Noun Synonyms: advantage, profit, good, sake, gain, aid, help, service

Other Words for Employee

Employee Adjective Synonyms: worker, staff member, wage-earner, hand

Employee Benefits Consultant

Health / Health Insurance / Employee Benefits Consultant: A specialist in employee benefits and insurance who is hired by a group buyer to provide advice on a health plan purchase. MORE

Older Workers Benefit Protection Act (OWBPA) Of 1990

Business / Human Resources (HR) / Older Workers Benefit Protection Act (OWBPA) Of 1990: OWBPA amended the ADEA prohibiting all employers from age discrimination in employee benefits programs by either providing equal benefits for older and younger workers or by spending an equal amount o MORE

Employee Retirement Income Security Act (ERISA)Of 1974

Business / Human Resources (HR) / Employee Retirement Income Security Act (ERISA)Of 1974: ERISA sets requirements for the provision and administration of employee benefit plans. Employee benefit plans include health care benefits, profit sharing and pension plans, for example. MORE

Maximum Benefit Period (Benefit Duration)

Health / Dentistry / Maximum Benefit Period (Benefit Duration): This is the maximum length of time for which benefits are payable under the plan as long as the employee remains continuously disabled. MORE

Living Benefits

Business / Finance / Living Benefits: Life insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness. MORE

Lifetime Maximum Benefit Amount

Health / Health Insurance / Lifetime Maximum Benefit Amount: The maximum dollar amount set by an MCO that limits the total amount the plan must pay for all healthcare services provided to a subscriber in the sub-scriber's lifetime. MORE