Asked by Brittney Hayes on May 10, 2024

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Which pay type usually makes up a small proportion of total compensation,and may not be used at all by some employers?

A) mandatory benefits
B) wages
C) merit pay
D) salaries

Mandatory Benefits

Benefits that employers are legally required to provide to their employees, including social security, workers' compensation, and unemployment insurance.

Total Compensation

The complete pay package for employees, including all forms of money, benefits, services, and in-kind payments.

Wages

Compensation paid to employees based on the hours worked, typically expressed as an hourly rate.

  • Comprehend the significance of aligning remuneration with personal achievement and the objectives of the organization.
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JR
Janiah RigginsMay 13, 2024
Final Answer :
C
Explanation :
Merit pay usually makes up a small proportion of total compensation as it is typically given as a bonus or incentive for employees who exceed expectations or achieve specific goals. Additionally, not all employers may choose to use merit pay as a form of compensation.