Benefits are extra compensation that is paid directly to the employee.

Name: Benefits are extra compensation that is paid directly to the employee.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Benefits are forms of value, other than payment, that are provided to the employee in return for their contribution to the organization, such as health insurance, life insurance, retirement plans, and paid time off, but they are not paid directly to the employee as cash compensation.

Benefits Are Extra Compensation That Is Paid Directly to the Employee