Almost 80 percent of unionized workers in Canada have a pension plan. What is this an example of?
A) base pay
B) total compensation
C) indirect pay
D) wage differential

Question

Quizplus · Accepted Answer

This is an example of indirect pay, which refers to benefits provided by the employer that are not directly paid out as wages or salaries but contribute to the employee's total compensation package, such as pension plans.

Almost 80 Percent of Unionized Workers in Canada Have a Pension