Benefits

v. be useful; receive benefit; give benefit; profit, be advantageous

n. advantage, profit; aid; stipend, pension

Benefit may refer to: Something that a party was not previously entitled to receive.Economic benefit, the positive contribution to gross national product (or other measure of value) from an economic activity or project: see Cost-benefit analysis.Employee benefit, non-monetary employment compensationBenefit concert, or any activity performed for a charitable purposeBenefit (album), an album by Jethro TullThe Benefits, a musical duo from DenmarkBenefit (sports), a match or season of activities granted by a sporting body to a loyal sportsman to boost their income before retirementMoney, goods, or services provided by a social welfare program, including:Federal benefits, as provided by the United States federal government to its citizens.
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Noun
1. financial assistance in time of need
(hypernym) payment
(hyponym) cost-of-living benefit
2. something that aids or promotes well-being; "for the common good"
(synonym) welfare
(hypernym) good, goodness
(hyponym) advantage, reward
(derivation) do good
3. a performance to raise money for a charitable cause
(hypernym) performance, public presentation
(hyponym) benefit concert
Verb
1. derive a benefit from; "She profited from his vast experience"
(synonym) profit, gain
(hypernym) get, acquire
(hyponym) cash in on
(derivation) welfare
2. be beneficial for; "This will do you good"
(synonym) do good
(hypernym) help, aid
(derivation) welfare

The money or services provided by an insurance policy. In a health plan, benefits are the health care you get.

Non-wage compensation provided to employees. The National Compensation Survey groups benefits into five categories: Paid leave (vacations, holidays, sick leave); supplementary pay (premium pay for overtime and work on holidays and weekends, shift differentials, nonproduction bonuses); retirement (defined benefit and defined contribution plans); insurance (life insurance, health benefits, short-term disability, and long-term disability insurance) and legally required benefits (Social Security and Medicare, Federal and State unemployment insurance taxes, and workers’ compensation).