Employee Benefits

Employee Benefits

1. Short-term benefits

   • Wages, salaries, social security contributions, annual leave, sick leave, profit-sharing, bonuses and non-monetary benefits(medical care, etc).
     • Normal accrual accounting
   • ST paid absences
     • Accum. ST absences
       • Vesting ?
         • Entitled to cash when leaving
           • Raise entire liability
       • Non- vesting ?
         • Not entitled to cash
           • Raise expected liability
     • Non-accum. ST absences
       • Not entitled to cash
         • Recognise only when leave will be taken in leave cycle
     • Amount = Expected no. days leave might be taken X tariff p/day

2. Post-employment benefits

   • Defined contribution plans (provident fund)
   • Defined benefit plans

3. Disclosure note

Imagens e arquivos do mapa