Base compensation refers to:
A) health insurance and time off.
B) fixed pay received on a regular basis.
C) perks determined by status within the company.
D) bonuses that underpin the employee's total compensation.

Question

Quizplus · Accepted Answer

Base compensation refers to the fixed pay that an employee receives on a regular basis, such as an hourly rate or an annual salary. It does not include health insurance, time off, or perks that may be determined by an employee's status within the company. Bonuses, which may be tied to performance, do not underpin base compensation but are instead added on top of it as part of an employee's total compensation package.

Base Compensation Refers To