monetary benefits

USAGE SUMMARY

The phrase "monetary benefits" is correct and usable in written English.
It is typically used to refer to the financial advantages that come as a result of a particular job or activity, such as a salary, bonuses, or additional incentives. For example, "The job offered competitive compensation and great monetary benefits, making it irresistible to potential applicants."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

56 human-written examples

Consider the net value of all monetary benefits and expenses.

Cornell University

The monetary benefits of these rules exceed the monetary costs by billions of dollars annually.

The New York Times

Under the Kaldor Hicks criterion, policies are designed to maximize discounted net monetary benefits.

Encyclopedia of Energy, Natural Resource, and Environmental Economics

Patenting activity might also be related to whether scientists see any monetary benefits from their patents.

Nature

Jobcentre Plus offers free training and advice to jobseekers as well as monetary benefits.

The Guardian - Money

He was no longer asking legislators to take back staffers' monetary benefits.

The Washington Post

These hidden costs, many emerging multinationals have found, outweigh the monetary benefits of structural integration.

Harvard Business Review

Human-verified similar examples from authoritative sources

Similar Expressions

4 human-written examples

It thus creates monetary and non-monetary benefits, both of which may be challenging to quantify.

Preventive Veterinary Medicine

The directly-monetary/indirect-monetary benefits received by the bloggers have no significant effect on readership attitudes.

Computers in Human Behavior

But while most parents point to the non-monetary benefits, like those mother of 3 describes, are there any others?

The New York Times

The most important example of non-monetary benefits for an insolvency administrator is reputational issues.

Business Research

Expert writing Tips

Best practice

In cost-benefit analyses, quantify all "monetary benefits" to accurately assess the economic viability of a project or policy.

Common error

Be precise in differentiating between "monetary benefits", such as salary and bonuses, and non-monetary benefits, such as flexible work arrangements or professional development opportunities. Avoid using "benefits" alone when you specifically mean financial advantages.

Linguistic Context

The phrase "monetary benefits" functions as a noun phrase. It typically refers to financial advantages or compensation, as confirmed by Ludwig and the example sentences.

Expression frequency: Very common

Frequent in

Science

50%

News & Media

31%

Formal & Business

11%

Less common in

Encyclopedias

2%

Wiki

3%

Academia

2%

Ludwig's WRAP-UP

In summary, the phrase "monetary benefits" is a grammatically correct and very common expression used to describe financial advantages or compensation. As Ludwig AI confirms, it functions as a noun phrase and is utilized in various professional contexts including science, news, and business. When using this phrase, it's important to differentiate it from non-monetary advantages, and to accurately quantify it when performing cost-benefit analyses. Alternatives such as "financial advantages" or "economic gains" can be used depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial advantages

Focuses on the advantageous aspect of financial gains.

economic gains

Highlights the economic aspect of the benefits.

financial rewards

Emphasizes the rewarding nature of the financial compensation.

pecuniary advantages

A more formal and legalistic way to describe financial advantages.

economic incentives

Highlights the motivational aspect of financial benefits.

compensation package

Refers to the total sum of financial and non-financial benefits.

remuneration benefits

Focuses on payment received for services.

fiscal advantages

Refers to advantages related to government revenue, especially taxes.

cash incentives

Specifically refers to incentives paid in cash.

investment returns

Focuses on the profits gained from investments.

FAQs

How can I use "monetary benefits" in a sentence?

You can use "monetary benefits" to refer to financial advantages or compensation received. For example, "The company offers excellent "monetary benefits" including health insurance and a retirement plan."

What are some alternatives to saying "monetary benefits"?

Alternatives include "financial advantages", "economic gains", or "financial rewards", depending on the context.

What's the difference between "monetary benefits" and "non-monetary benefits"?

"Monetary benefits" refer to financial compensation, such as salary and bonuses, while "non-monetary benefits" include perks like flexible hours, health insurance, or professional development opportunities.

How do I quantify "monetary benefits" in a cost-benefit analysis?

To quantify "monetary benefits", assign a financial value to each benefit received, such as increased revenue, cost savings, or improved productivity. These values are then compared to the associated costs.