Multiple choice

Compensation is

  1. the direct payment of money to employee for work completed.

  2. the amount of money paid to an employee for work performed.

  3. insurance, vacations, retirement plans, & health programs.

  4. none of these.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Compensation encompasses the total remuneration provided to an employee for their services. This includes both direct monetary payments, such as salary or wages, and indirect benefits.