In addition to receiving a paycheck from work, many workers receive benefits. Benefits take the form of bonuses, vacation pay, sick pay, a pension, retirement savings, etc. Benefits aren’t exactly the same thing as receiving money, but they have value. They’re a form of compensation.
Victoria had a job that offered good benefits.
When she lost her job, she lost her benefits including health insurance.
Health insurance is an important benefit that most people in the United States receive through their employer.
What kind of benefits do you get at work?
You can also use the word "benefit" as a verb when describing something good that happens.
Hamza benefits from having a large, supportive family.
Students benefit from having access to new technology.
This donation of one million dollars is going to benefit a lot of people who need help.
Her work greatly benefits the company that she works for.
Elderly people are among the millions of Americans who benefit from the social security system.