What is NOT an example of a benefit provided to employees?

Overtime wages do not fall under the category of employee benefits; instead, they are considered a form of compensation for work performed beyond the standard hours. Benefits generally refer to non-wage offerings provided to employees as part of their total rewards package, which enhance their overall remuneration and support their well-being.

Health insurance, retirement plans, and paid leave all serve as examples of benefits. Health insurance helps cover medical costs and protect employees’ health expenses. Retirement plans offer employees financial security during their retirement years, often including company contributions. Paid leave provides employees with time off while still maintaining their salary, contributing to work-life balance and employee satisfaction. Each of these options reflects the employer's investment in the total well-being of its employees, distinguishing them clearly from overtime wages, which are transactional in nature and directly tied to hours worked.