__________ includes employee recognition programs, rewarding jobs, organizational support, work environment, and flexible work hours to accommodate personal needs.
A)Financial compensation
B)Nonfinancial compensation
C)Direct compensation
D)Indirect compensation

Question

Quizplus · Accepted Answer

Nonfinancial compensation includes rewards that are not in the form of money, such as employee recognition programs, rewarding jobs, organizational support, work environment, and flexible work hours. Financial compensation, on the other hand, involves payment of money, such as salary, bonuses, and benefits. Direct compensation refers to payments that are directly received by an employee in exchange for their work, while indirect compensation includes benefits like health insurance, retirement plans, and vacation time.

__________ Includes Employee Recognition Programs, Rewarding Jobs, Organizational Support, Work