_____ includes both the financial and nonfinancial rewards that organizations give employees in exchange for their work.
A) Compensation
B) Synergy
C) Goodwill
D) Insurance

Question

Quizplus · Accepted Answer

Compensation includes both financial rewards such as salary, bonuses, and profit-sharing, as well as nonfinancial rewards such as health benefits, vacation time, and training opportunities. Synergy refers to the combined effect of two or more things working together to produce a greater result than they could individually, and is not related to rewards for employees. Goodwill is the value of a company's reputation and brand recognition, and is not related to rewards for employees. Insurance is a benefit that may be included as part of an employee's compensation package, but it is not encompassing of all rewards given in exchange for work.

_____ Includes Both the Financial and Nonfinancial Rewards That Organizations