Benefits and Burdens are the costs for employee benefits (e.g., vacation, life insurance, health insurance, pension funds, etc.) and statutory burdens (e.g., unemployment tax, worker's compensation Insurance, etc.) as specified by local governments, taxing authorities, and company policy. The Benefits and Burdens are based on the totality of the circumstances, both the burdens of the proposed action (e.g., short-term construction impacts) and its benefits (e.g., increased transportation options). One of the best ways to assess the totality of the circumstances is through a robust and inclusive company engagement program.
Related Definitions in the Project: The Cost Estimate (Estimation)
