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Seniors vs junior

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Suresh Chakradhari

Group No.1 recommends that companies provide benefits rather than cash payments to employees to gain tax deductions and increase company liquidity, while also motivating employees through periodic benefits. Companies can amend employee basic salaries to implement a benefits program instead of cash payments.

Group No.1

Benefits “Company Perspective”:-
• Should try to avoid cash payment.
• Deduction in taxes.
• More liquidity and will more cash in hand of
company.

“Employee perspective”:-
• Deduction in taxes.
• Time to time can be motivated.
Note:- Company can go some amendment on basic salary of employee.

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Seniors vs junior

2. Benefits “Company Perspective”:- • Should try to avoid cash payment. • Deduction in taxes. • More liquidity and will more cash in hand of company. “Employee perspective”:- • Deduction in taxes. • Time to time can be motivated. Note:- Company can go some amendment on basic salary of employee.