Which of the following applies to the monetary payments,such as wages,salaries,and bonuses,as well as other goods or commodities,which are used to reward organizational members?
A)Compensation
B)Benefits
C)Incentives
D)Payroll

Question

Quizplus · Accepted Answer

Compensation refers to the monetary payments or rewards given to organizational members. Benefits refer to non-monetary rewards such as health insurance or retirement plans. Incentives refer to additional rewards given to motivate or encourage specific behaviors or outcomes. Payroll refers to the process of calculating and paying wages and salaries but does not encompass the concept of rewards or compensation itself.

Which of the Following Applies to the Monetary Payments,such as Wages,salaries,and