Asked by Krupa Patel on Jun 09, 2024
Verified
What is NOT a consideration in deciding whether to include a particular benefit in indirect pay?
A) whether it contributes to the objectives of indirect pay
B) whether or not there is a union
C) whether it is valued by employees
D) whether it adds much net value to the compensation package
Indirect Pay
Employee compensation that does not take the form of direct wages or salaries, including benefits like health insurance, retirement contributions, and other non-cash rewards.
Compensation Package
The total combination of salary, benefits, bonuses, and any other perks provided to an employee in exchange for their work.
- Evaluate the considerations involved in deciding the composition of an indirect pay package.
Verified Answer
BS
Barrington SaintJun 09, 2024
Final Answer :
B
Explanation :
The presence or absence of a union is not typically considered when deciding whether to include a particular benefit in indirect pay. The other three factors - whether it contributes to the objectives of indirect pay, whether it is valued by employees, and whether it adds much net value to the compensation package - are important considerations.
Learning Objectives
- Evaluate the considerations involved in deciding the composition of an indirect pay package.
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