Asked by Matthew Mitrano on Jul 26, 2024
Verified
Employee benefits are a form of indirect compensation.
Indirect Compensation
Benefits provided to employees that are not directly paid out as wages, including health insurance, retirement plans, and paid time off.
- Gain an understanding of the diverse types of pension and benefit schemes and their unique attributes.
Verified Answer
AM
aaliyah mogajiJul 30, 2024
Final Answer :
True
Explanation :
Employee benefits, such as health insurance, retirement plans, and paid time off, are considered indirect compensation because they are provided in addition to, and separate from, direct forms of compensation like wages or salaries.
Learning Objectives
- Gain an understanding of the diverse types of pension and benefit schemes and their unique attributes.