Communicating total compensation in detail through a written summary of employee direct and indirect compensation is called a __________.

Question

Quizplus · Accepted Answer

A total compensation statement is a written summary that provides detailed information about an employee's direct and indirect compensation. It includes information about salary, bonuses, health benefits, retirement benefits, paid time off, and other perks that employees receive. By providing a comprehensive breakdown of compensation, employers can help their employees better understand the value of their total compensation package.

Communicating Total Compensation in Detail Through a Written Summary of Employee