The indirect financial and nonfinancial payments employees receive for continuing employment with the company are called ________.

Question

Quizplus · Accepted Answer

Benefits include indirect financial and nonfinancial payments employees receive for continuing employment with the company, such as health insurance, retirement plans, and paid leave. Reimbursements refer to an employee being repaid for expenses incurred on behalf of the company. Employee compensation includes both salary and benefits. Salary specifically refers to the fixed amount of money an employee receives for their work.

The Indirect Financial and Nonfinancial Payments Employees Receive for Continuing