Scan QR code or get instant email to install app
Question:
Which of the following is a major difference between compensation and benefits?
A
Compensation is monetary while benefits are non-monetary.
explanation
The major difference between compensation and benefits is that compensation is monetary, but benefits are not. As a result, compensation generally takes the form of insurance and non-cash rewards, while benefits include salaries, commissions, and other cash-based incentives. Both are important kinds of employee performance incentives.
Take more free practice tests for other PASSEMALL topics with our phr practice test now!
Related Information
Comments