Total compensation refers to _____.
A) compensation paid to individuals for learning specific material that is useful to an organization in future
B) insurance thatcovers individuals who suffer ajob-related illness or accident
C) the overall value of financial compensation plus the value ofadditional benefits that an organization provides
D) the hourly compensation paidto operating employees
E) income paid to anindividual on the basis ofperformance

Question

Total compensation refers to _____.
A) compensation paid to individuals for learning specific material that is useful to an organization in future
B) ​insurance thatcovers individuals who suffer ajob-related illness or accident
C) the overall value of financial compensation plus the value ofadditional benefits that an organization provides
D) the hourly compensation paidto operating employees
E) income paid to anindividual on the basis ofperformance

Quizplus · Accepted Answer

Total compensation refers to the overall value of financial compensation plus the value of additional benefits that an organization provides. This includes not only salary or wages but also benefits such as insurance, retirement plans, stock options, and other perks.

Total Compensation Refers to _____