Describeemployee benefits and explain theirimportant objectives.

Employee benefits are non-wage compensations provided to employees in addition to their normal wages or salaries. These benefits can range from health insurance to retirement plans, paid time off, wellness programs, and more. They serve to improve the overall welfare of employees and contribute to organizational success. Employee benefits are often seen as a vital part of the employment package that organizations offer to attract and retain talent.

### Types of Employee Benefits

Employee benefits can be broadly classified into two categories: mandatory benefits and voluntary benefits. 

Mandatory Benefits: These are benefits that employers are required by law to provide to their employees. They include:

1. Social Security and Pension Plans: In many countries, employers are required to contribute to national social security systems, pension plans, or retirement schemes.
   
2. Health Insurance: In some countries, health insurance coverage is mandatory for employers to provide, either as part of national healthcare systems or through private employer-sponsored insurance plans.

3. Workers' Compensation: This is a mandatory benefit that compensates employees for injuries or illnesses related to their work. It provides financial assistance and medical benefits for workers who become injured or disabled while on the job.

4. Unemployment Insurance: Employers typically contribute to unemployment insurance, which provides financial support for workers who lose their jobs due to no fault of their own.

5. Paid Leave: In many jurisdictions, employers are required to provide paid _______ _________ ______ ___ _________ _________ ___ __________ ___ ______.
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