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Employee Benefit (Importance (Increase recruitment success rate, To…
Employee Benefit
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Types
Mandatory
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Employment Act
Paid annual leave
Paid sick/hospitalisation leave
Overtime rate of pay
One rest day (no pay) per week
Work on rest day be paid at 2 times the normal rate of pay
Paid public holidays
Paid maternity, paternity and childcare leave subject to some limitations
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Definition
form of compensation that includes a wide variety of rewards normally received indirectly by the employee.