What term refers to additional payments or services provided by an employer beyond salary?

The term that refers to additional payments or services provided by an employer beyond salary is "Benefits." This encompasses various forms of non-wage compensations that employees receive, which can include health insurance, retirement plans, paid time off, and other welfare benefits. These offerings are essential in attracting and retaining employees, as they contribute to overall job satisfaction and financial security.

Compensation usually refers to the total remuneration received by the employee, which includes both salary and benefits. Reimbursements specifically refer to payments made to employees for expenses they have incurred on behalf of the company, such as travel expenses, rather than ongoing services or payments. Perks are often seen as supplementary advantages, like gym memberships or flexible working hours, but they don’t capture the full scope of benefits that might include essential services like health insurance or retirement contributions.