Which of the following is an example of a nonfinancial compensation?
A) bonuses
B) commissions
C) health insurance
D) employee recognition programs

Question

Quizplus · Accepted Answer

Bonuses and commissions are both financial compensation, as they directly involve the payment of money. Health insurance could be considered a mix of financial and nonfinancial compensation, as it can provide a monetary benefit but also addresses employees' healthcare needs. Employee recognition programs are a form of nonfinancial compensation, as they involve acknowledging and rewarding employees for their contributions and can boost morale and job satisfaction.

Which of the Following Is an Example of a Nonfinancial