Almost 80% of unionized workers in Canada have a pension plan. This is example of which of the following?
A) base pay
B) total compensation
C) indirect pay
D) wage differential

Question

Quizplus · Accepted Answer

The provision of a pension plan is an example of indirect pay, as it is a form of compensation that is not directly linked to an employee's base pay or wage differential. Instead, it is a benefit provided by the employer that contributes to an employee's overall compensation package or total compensation.

Almost 80% of Unionized Workers in Canada Have a Pension