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Employers use dearness allowance to raise the salaries of their employees. It is a payment that compensates for the rise in prices and cost of living. Earlier, the cost of living wasn't a consideration for employers when determining employeecompensation. Fringe Benefits.
Example of incentives in real-time Dow Chemical Company offers a purpose-driven employee incentive program called ‘Accelerate Great.’ The fact that they are mandatory does not mean an employee is automatically entitled to all of them. Gift cards/cash vouchers ( exceeding $50 per employee) Cash bonus Instead of salary 2.
Travel discount can be especially attractive to employees who enjoy traveling or who have to travel frequently for work. Entertainment discount programs Entertainment discounts are discounts on entertainment-related expenses such as movie tickets, amusement park admissions, and concert tickets.
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