Identify the below mentioned employee benefits into various reporting categories and state its type explaining your reasons for doing so.
a. Karan applied for a 7 daylight leave in order to go for a holiday in Goa. His leave was approved and he visited Goa with his friends. Upon returning he submitted his train tickets to the company and authorized Rs. 6000 as LTA (Leave Travel Allowance)
honorarium for time not gain(vacation)
b. Rahul and Manoj work in the same BPO. Manoj whole caboodle in the day shift getting Rs. 15,000 as his periodic get rid of home salary while Rahul doing the same work in the night shift gets Rs. 18,000 as his monthly take home amount.
payment for time not work(shift premium)
c. Jai was a actually hardworking Assistant autobus in transmission time computer software heading a team of 15 people. He received a better offer from a rival, ICT software and inflexible to leave. While putting in his resignation, the HR Manager of TRM asked him his reasons for leaving and tried to convince him to stay back. The HR Manager offered him the post of Sr. Manager and increased his pay piece of ground over and above what ICT was offering
employee security(golden handcuff)
d.
Suraj has to submit his medical shop bills every quarter to the finance dept of his company after which the medical reimbursement is pass over by the company HR administrators in capital to all the employees.
Health benifit
e. Swatis kit and boodle as an executive in a market research firm with a CTC of 4.5L p.a. Her CTC includes Rs. 2500 p.a as an insurance policy premium which the company gives out to the insurance Co. on behalf of her and as a part of a congregation Mediclaim Policy. With this, Swati and her three dependants in the family are covered with cash slight hospitalization benefits.
Health benefit(medical benefit)& insurance benefits( life insurance)
f. Jagat works as a faculty in IMT Institute of Education. The pioneer always encourages self development initiatives of employees and higher education efforts. Jagat is planning...
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