Standard
福利 (benefits) at Chinese companies often includes
五险一金 (wǔ xiǎn yī jīn — five insurances + housing fund),
年终奖 (year-end bonus),
餐补 (meal subsidy),
节日礼品 (holiday gifts). Tech firms add stock, gym, free meals.
福利 historically meant any 'welfare' good — a workplace perk by extension.