Benefits 2
Benefits 2 : Includes compensation that is over and above salaries or wages paid to employees or on behalf of the employees during employment. This would include compensation for periods of authorized absences from the job, such as vacation leave, sick leave, military leave and the like provided such costs are absorbed by all organization activities in proportion to the relative amount of time or effort actually devoted to each. It also includes employer contributions or expenses for social security, employee insurance, workers' compensation, pension plan costs and the like provided such benefits, whether treated as indirect costs or as direct costs, shall be distributed to particular awards and other activities in a manner consistent with the pattern of benefits accruing to the individuals or group of employees whose salaries and wages are chargeable to such awards and other activities. Overtime expenses, other than those meeting FLSA requirements, are not eligible as benefits costs
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