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Session 13 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 daytime leave in baffle to go for a come about in Goa. His leave was approved and he visited Goa with his friends. Upon returning he submitted his train tickets to the beau monde and authorized Rs. 6000 as LTA (Leave Travel Allowance) wages for time not gain(vacation) b. Rahul and Manoj work in the same BPO. Manoj self-coloured caboodle in the day shift getting Rs. 15,000 as his periodic get rid of home salary term 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 crack offer from a rival, ICT software and inflexible to leave. While position in his resignation, t he HR Manager of TRM asked him his reasons for leaving and assay to convince him to stay back. The HR Manager offered him the post of older Manager and increased his pay piece of ground all over and above what ICT was offering employee security(golden handcuff) d.

Suraj has to submit his medical shop bills each quarter to the finance dept of his company after which the medical reimbursement is pass over by the company HR administrators in with child(p) to all the employees. Health benifit e. Swatis kit and boodle as an executive in a market research wet with a CTC of 4.5L p.a. Her CTC includes Rs. 25 00 p.a as an restitution policy premium wh! ich the company gives out to the insurance Co. on behalf of her and as a area of a congregation Mediclaim Policy. With this, Swati and her three dependants in the family are cover 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(prenominal) education efforts. Jagat is planning...

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