What is the difference between wages and benefits?

The difference between wages and benefits is an important concept to understand when it comes to wage and hour law in Pennsylvania. Wages are the money a person earns working a job, and they are legally required to be paid in accordance with wage and hour law. This money can be received in the form of an hourly wage, salary, commission, or other types of payment. Wages must be paid on time and any employee who is not paid their wages in full and on time may be entitled to wage and hour law protections. Benefits are different from wages in that they are not required by law, but may be offered by employers as part of an employee’s total package of compensation. Benefits may include things like health and dental insurance, vacation days, sick days, life insurance, and Employee Retirement Income Security Act (ERISA) benefits. All of these are not legally required but can be a great way for an organization to retain and attract talent and talent. The bottom line is that wages and benefits are two different forms of compensation for employees, each having their own protections under Pennsylvania wage and hour laws. When considering a job, it is important to consider both wages and benefits, as they are an integral part of the total package of compensation.

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What is the difference between wages and benefits?

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