Asked by Patryk Pyczko on Jun 01, 2024
Verified
Compensation systems consist only of direct compensation paid to employees in exchange for the work that they do.
Direct Compensation
Monetary benefits provided to employees in exchange for their labor, including wages, salaries, bonuses, and commissions.
- Understand the broader concept of compensation, including direct and indirect compensation, and the total reward model.
Verified Answer
ZK
Zybrea KnightJun 04, 2024
Final Answer :
False
Explanation :
Compensation systems may also include indirect compensation such as employee benefits, bonuses, and stock options.
Learning Objectives
- Understand the broader concept of compensation, including direct and indirect compensation, and the total reward model.
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