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Tymyra Greene
on Nov 02, 2024

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Which of the following is not an example of a short-term employee benefit?

A) Termination payments.
B) Wages and salaries.
C) Sick leave and annual leave.
D) Bonuses and profit-sharing arrangements.

Termination Payments

Payments made to employees when they leave a company, which can include severance pay, unused vacation pay, and other compensations.

Short-Term Employee Benefit

consists of benefits, such as salaries, wages, social security contributions, and paid annual leave, provided to employees that are expected to be settled within twelve months after the employee provides the related service.

  • Pinpoint the different employee benefits and the criteria that determine their provision.
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Jayden SweigartNov 06, 2024
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