Which of the following is considered an example of a payroll benefit?

Insurance is considered a payroll benefit because it directly relates to the financial compensation and benefits package that employees receive as part of their overall remuneration. Payroll benefits typically involve additional financial support or assurance that is included alongside an employee’s salary, and insurance plans—such as health, dental, life, and disability insurance—are commonly offered by employers as key components of compensation packages. These benefits provide employees with essential support and security, contributing to their overall well-being and job satisfaction.

While other options like training programs, flexible schedules, and team-building events are valuable in contributing to employee development and workplace culture, they do not typically fall under the category of payroll benefits. They may enhance the work environment and employee engagement, but they do not represent a direct financial benefit provided through payroll.