Entitlements

Entitlements refer to rights or claims to something, often a benefit, based on meeting specific criteria or circumstances. These claims are typically granted by law, contract, or social convention. They represent a guarantee of a specific good, service, or financial support, often provided by a government or organization to individuals or groups deemed eligible. The extent of entitlements varies significantly depending on the context, ranging from basic human rights to social welfare programs and specific contractual obligations. Understanding the scope and limitations of entitlements is crucial for navigating legal, economic, and social landscapes.

Entitlements meaning with examples

• Social Security and Medicare are key examples of government-funded entitlements in the United States. Eligibility is based on age, employment history, and contributions, providing financial and healthcare support to qualifying citizens. These programs aim to secure the economic well-being of the elderly and disabled, forming a significant part of the social safety net.
• According to the collective bargaining agreement, the employees are entitled to overtime pay after working over 40 hours per week. This employment-based entitlement guarantees additional compensation for exceeding the standard work hours. Ensuring compliance with labor laws regarding overtime is essential for fair compensation and maintaining employee morale.
• As a beneficiary of the trust fund, she had an entitlement to a specific portion of the inherited assets. The terms outlined in the trust document defined the extent and timing of her claim. Legally enforceable entitlements such as these allow for a fair distribution of resources according to predetermined rules and regulations.
• After the acquisition, the new customers of the acquired company are entitled to the benefits and rewards from our loyalty program. They immediately benefit from the offers as we integrate the customer base. This provides a welcoming experience with a perceived sense of value and reinforces our competitive position.