A time of pay this are payments for the time not

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A. Time-of pay : this are payments for the time not worked and include pay vacations, paid holidays, paid sick leaves, pension programs, rest periods, etc. Example: Paid vacations - organizations provided employees a certain number of paid vacation days in a year. The number of days may vary according to how long an employee has worked for an organization. Usually, paid vacation times increases with seniority. Sick leaves:- providing employees with pay for days not worked because of illness Pension programs: it represents a fixed payment other than wages, made regularly to former employees or their surviving dependents. B. Non-pay benefits : these are benefits not paid in cash but include expenditures on items such as medical services, transportation, accommodation, insurance, cafeteria services, education programs, child care services, and others. Example: Health insurance: Medical insurance program designed to cover a portion or total medical expense incurred by an employee. It may include coverage for hospitalization, outpatient doctor bills, prescription drugs, dental, eye, medical health care, etc.
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