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Human Resources vocabulary · Pay, Payroll & Benefits

Benefits

Meaning in human resources, with examples

/ˈbenɪfɪts/nounCore term

In human resources, benefits means: Things an employee gets from their job in addition to pay, such as health insurance, a pension, meal allowances or extra days off.

In Turkish: yan haklar, sosyal haklar

How it is used

Usually plural. Job adverts list a benefits package, and HR often has a compensation and benefits (C&B) team. Smaller extras like free coffee or gym discounts are often called perks.

Example sentences

  1. Our benefits include private health insurance and a 6% pension contribution.

  2. The salary is lower than in her current job, but the benefits are much better.

Common collocations

  • benefits package
  • employee benefits
  • compensation and benefits
  • flexible benefits
  • compensationEverything an employee receives for their work, including salary, bonuses and benefits. It can also mean money paid to someone for a loss or injury.
  • pensionMoney paid regularly to a person after they retire, or the savings plan that employers and employees pay into during working life to provide it.
  • salaryA fixed amount of money that an employee is paid for their work, agreed as a yearly figure and usually paid every month.
  • payrollThe process of calculating and paying employees' wages, including tax and other deductions; also the list of people a company pays.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Pay, Payroll & Benefits

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