Discuss some of the current practices in the field of fringe benefits management, in brief.
Answers
Answer:
Examples of these fringe benefits include: Stock options. The employer allocates a percentage of the company's shares to each eligible employee at no upfront cost. Disability insurance. Paid holidays. Education reduction. Retirement planning services. Life insurance. Paid time off. Commuter benefits.
Answer:
When it comes to base salaries, the finance profession is often one of the most lucrative options. Financial analyst jobs are highly sought-after positions in the industry, with average base salary ranges of from $50,000 to $80,000. These figures vary widely depending on experience, company, and location. Major financial centers such as New York, Hong Kong, and London tend to have higher compensation.
In addition to their base salaries, financial analysts typically earn cash bonuses and equity-based compensation. These bonuses and equity awards can often make up a very meaningful part of their compensation and in some cases equal over 100% of the base salary.
To learn more, check CFI’s Library of Compensation Guides.
Additional Resources
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Investment Banking Salary Guide
Equity Research Overview
Portfolio Management Career Profile
Please note, CFI does not guarantee any compensation level or salary increase upon completion. The information above should be utilized as a guide only.