shyannflores22 shyannflores22

15-06-2024
Business

Answered

Sick-leave and vacation pay, pensions, and health plans that provide additional compensation are called:

A. nonmonetary awards
B. fringe benefits
C. freebies
D. supplemental salary

Answer :

GinnyAnswer GinnyAnswer

15-06-2024

Final answer:

Fringe benefits are additional compensation provided to employees beyond wages or salaries, including insurance and retirement plans.

Explanation:

Fringe benefits are extra compensation provided to employees beyond their regular wages or salaries. These benefits include but are not limited to employee insurance, retirement plans, and employer payments to Social Security. They are essential components of an employee's total compensation package.

Learn more about Fringe benefits here:

https://brainly.com/question/35464892

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