All rewards that can be classified as monetary payments and in-kind payments constitute the ______ component of the compensation system.
A) compensation
B) noncompensation
C) equity
D) non-salary

Question

Quizplus · Accepted Answer

Monetary payments, such as salary and bonuses, and in-kind payments, such as stock options and benefits, are all part of the compensation component of the compensation system. The other options listed (noncompensation, equity, and non-salary) do not accurately encompass all forms of payment included in a compensation system.

All Rewards That Can Be Classified as Monetary Payments and In-Kind