Hey, I have some wonderful and interesting news for you. I am going to give you the definition of a "benefit". The online dictionary states this: (1) something advantageous or good; (2) a payment or gift given to help someone, or given by a benefits society, insurance company, or public agency; The Company offers added compensation to new Employees upon their successfully completing their Probationary period; such as, pension plan, free health insurance, stocks in the company, and other benefits. It is called a Benefit Package.