Unit 16 — Company Benefits and Compensation

In this unit you will learn the ins and outs of how an organization may compensate you for your work - other than your salary and verbal recognition.

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Vocabulary Builder Activity

Students will learn the following key terms and phrases:

Accommodation Benefit Bonus Child care assistance Commuter benefits Company sponsored event Compensation Employee recognition program Employee stock options Flexible work hours Health insurance Job-sharing Mental health support Mentorship program Paid leave Parental leave Pay raise Perk Promotion Remote work Retirement plan Sabbatical Salary Student financial assistance Wellness program

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Reading Activity: Company Benefits & Compensation

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The days of simply paying employees a salary and giving verbal praise for a job well done are long gone. Companies that want to attract high potential workers must offer more comprehensive and varied perks and compensation packages in today's competitive labor market. Appealing company benefits are vital to keep staff engaged and productive. But what exactly are these benefits…

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Reading Comprehension Quiz

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Multiple Choice Activity

Students will be able to select the best match between unit terms and their definitions.

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Listening Comprehension Activity

Students will be able to listen to short audio clips in English and then spell them correctly.

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Speaking Practice Activity

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Salaries are usually paid monthly, but referred to as an annual sum, like when I told my mom that I would be making $80,000 at my new job.

Bonuses may be given as an incentive to reward an employee's particular hard work, but it is also common for companies to give set bonuses to all employees, such as for a holiday.

It is common for office wellness programs to include on-site fitness centers, healthy snacks, yoga and massages, or napping rooms.

... and more sentences to practice.

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Writing Practice Activity

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Which common company benefits and perks are the most appealing to you? Which would you demand when interviewing for a new job, and which could you live without? Discuss.
Why do you think it is important for a company to offer a variety of benefits to employees? Can you think of different employee needs depending on age, country, etc.?

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