Assignment Task: Define indirect pay plans. Define Retirement income and miscellaneous benefits as a part of indirect pay plan in detail with graphics, visual aids.
Please explain parts of retirement income - Defined benefits plans, defined contribution plans, Hybrid pension plan. Explain in detail
Explain miscellaneous benefits and its types: Company vehicle, discounts, Housing, Saving plans, working clothing/equipments, Housing Moragage or subsidies and tuition reimbursement. Explain in detail.