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Describe the concepts of allowances and fringe benefits citing example

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Describe the concepts of allowances and fringe benefits citing examples.


Posted on : 2023-07-29 19:32:39 | Author : IGNOU Academy | View : 132

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Word Count : 525

Allowances and fringe benefits are forms of compensation that are provided to employees in addition to their base salary or wages. These benefits are designed to attract and retain employees, enhance job satisfaction, and improve the overall employee experience. Here is a brief overview of these concepts, along with some examples:

Allowances:

Allowances are payments made to employees to cover specific expenses that they may incur while performing their job duties. These expenses may include things like travel, meals, and uniforms. Here are some examples of common _________ __________ _________ ________ _____ ______ _____ ________ _____ ____________ ________ ______ ___ ________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : Integrated Marketing Communication
Subject Code : MMPM 7
Year : 2023



IGNOU MMPM 7 Solved Assignment 2023
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