Employees' total compensation consists of which of the following?
A) Base compensation, personnel costs, payroll
B) Benefits, pay incentives, personnel costs
C) Base compensation, pay incentives, indirect compensation
D) Payroll, pay incentives, base compensation

Question

Quizplus · Accepted Answer

Employees' total compensation typically includes base compensation (salary or hourly wages), pay incentives (such as bonuses or commissions), and indirect compensation (benefits like health insurance or retirement plans). Personnel costs and payroll refer to administrative expenses related to paying employees, but are not part of an employee's total compensation package on their own.

Employees' Total Compensation Consists of Which of the Following