What are non-wage outcomes?
Non-wage outcomes are the non-monetary benefits that employees receive, often to entice them to work for a particular firm or industry, and include superannuation, company shares and other fringe benefits. Non-wage outcomes are also affected by similar factors.
What are non-wage benefits called?
As you are aware, an employer must pay fringe benefits tax (FBT) when it provides certain non-cash benefits (called fringe benefits) to their employees (or associates of the employees) in lieu of paying salary or wages.
What are the effects of poor working conditions?
Health worker’s productivity and performance can decrease due to poorly planned workplace environment as this adversely affects their morale and may give rise to poor motivation and no job satisfaction as a result, it becomes a challenge for the management to provide a safe work environment for the workers to ensure …
How does employment affect health?
Work-related problems can affect our physical, emotional and mental health. Common issues include job dissatisfaction, workplace injury, stress, discrimination and bullying, violence, accidental death and retirement. Job loss, retrenchment or unexpected loss of income can also cause distress and hardship.
How is income distributed in Australia?
Income is more equally distributed than wealth. The best-paid 20 per cent of households had an average pre-tax income of just under $300,000 a year, the middle 20 per cent $116,000, and the bottom 20 per cent $41,000.
What is non-wage pay?
Cash payments are made to employees for a number of purposes. Some of these payments are taxable income to the employee and some are not. Non-wage cash payments to employees may include: Travel Reimbursements.
What are some examples of poor working conditions?
Poor working conditions can include things like:
- Physically dangerous environments that could be improved.
- Inadequate space utilization.
- Bad lighting.
- Non-ergonomic facilities for employees.
- Anything that poses a hazard to employees, customers or visitors.
How does unemployment affect health outcomes?
Unemployment can also have negative health consequences. Unemployed individuals tend to suffer more from stress-related illnesses such as high blood pressure,40, 41, 42, 43 stroke, heart attack, heart disease, and arthritis.
What are the outcomes of unemployment?
The immediate consequences of unemployment are (usually) a reduced income and an increased amount of time spent in non-labour market activities such as leisure. Consequently, the satisfaction level regarding income decreases and with respect to leisure time it increases.