Nonsalary benefits are forms of compensation that result in the employee not having to pay out-of-pocket money for certain expenses.

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Nonsalary benefits, also known as fringe benefits, can include things like health insurance, retirement plans, and paid time off. These benefits help reduce the financial burden on employees by providing coverage for expenses that would otherwise have to be paid out of pocket.

Nonsalary Benefits Are Forms of Compensation That Result in the Employee