What is statutory and nonstatutory employee welfare is difference between statutory and unstatutory?

Statutory employee welfare refers to benefits and protections mandated by law, such as minimum wage, overtime pay, social security, and workers' compensation. Nonstatutory employee welfare, on the other hand, includes benefits provided by employers voluntarily, such as health insurance, retirement plans, and wellness programs. The key difference lies in the legal requirement: statutory benefits are legally enforced, while nonstatutory benefits are discretionary and depend on the employer's policies.