Inclusive terms used to quantify the positive expected results or outputs of a proposed activity, project, or program expressed in monetary or non-monetary terms. Ideally, estimates of all benefits, outputs, or effectiveness expected to be received or achieved as a result of undertaking a proposed activity, program, or project. Realistically, a particular program and its outputs, some intended and very specific beneficial outputs, although some attendant outputs may be negative or non-beneficial.
A program in addition to monetary pay, designed to ensure employee health, financial well-being, and quality of life. Examples of benefits include health insurance, vacation time, parental leave, retirement plans, and life insurance.