Base compensation can assist the organization by eliminating the need for fringe benefits programs.

Name: Base compensation can assist the organization by eliminating the need for fringe benefits programs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Base compensation is only one component of total compensation. Fringe benefits, such as health insurance, retirement plans, and paid time off, are still necessary and valued by employees. Eliminating fringe benefit programs may make it difficult for the organization to attract and retain talent.

Base Compensation Can Assist the Organization by Eliminating the Need