Definition of «benefits»

The term benefits refers to any advantage or gain that comes from something. It can be in the form of financial compensation, such as salary and pension, but also includes non-monetary perks like health insurance, paid leave, and retirement plans. In a broader sense, it could mean the positive aspects or advantages derived from an activity, program, or situation. For example, the benefits of exercise include improved physical fitness, reduced stress levels, and better mental wellbeing. The term is often used in employment contexts to describe the perks offered by companies to attract and retain employees, such as flexible work schedules, professional development opportunities, and employee discount programs.

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