Your company offers three different health plan options as well as vision and dental insurance. What is this portion of your compensation called?

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Quizplus · Accepted Answer

This portion of compensation is called a benefit, as it is an additional non-wage compensation provided by the employer to the employee. The three health plan options, vision insurance, and dental insurance are all benefits designed to promote the health and wellbeing of employees, and are commonly offered as part of a comprehensive benefits package. Commission, incentive, and bonus are all types of compensation that are typically tied to an employee's performance, while benefits are more broadly available to all employees.

Your Company Offers Three Different Health Plan Options as Well