Employee Benefits:

In the United States, employee benefits are a big, complex, and ever-changing set of
programs. They are either required by federal or state legislation (such as Social
Security, unemployment insurance, and workers' compensation) or are offered freely by
the employer to assist recruit, retain, and motivate employees, as well as contribute to
the organization's strategic goals. Retirement savings plans, disability income, and paid
time off are examples of voluntary benefits. In recent years, the line between mandatory
and voluntary benefits has blurred as the federal and state governments impose
requirements on all companies that were formerly voluntary.