Paternalism in management refers to a leadership style where managers assume ultimate responsibility for employee welfare, making decisions regarding benefits, job assignments, and promotions. It is sometimes criticized for implying an inferior status for employees.
A mandated benefit where employers provide weekly payments to employees unable to work due to sickness for a specified period, originally subject to partial government reimbursement.
A group that provides for the payment of life, sickness, or accident benefits to individuals with an employment-related bond.
