..... are rewards other than cash, such as paid time off, insurance, or a retirement plan, given to employees.

HUMAN RESOURCE MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____ are rewards other than cash, such as paid time off, insurance, or a retirement plan, given to employees.

A	salaries
B	Benefits
C	commissions
D	policies

Explanation:

Detailed explanation-1: -While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. The term “compensation and benefits” refers to the discipline as well as the rewards themselves.

Detailed explanation-2: -Statutory benefits include Employees’ Provident Fund; Employees’ State Insurance Scheme; statutory leaves; Gratuity; and Maternity Leave. Common employee perks include vehicle or transportation allowance, meal vouchers or subsidized cafeteria, and reimbursement of internet and mobile phone charges.

Detailed explanation-3: -Base Pay. Commissions. Overtime Pay. Bonuses, Profit Sharing, Merit Pay. Stock Options. Travel/Meal/Housing Allowance. Benefits including: dental, insurance, medical, vacation, leaves, retirement, taxes

There is 1 question to complete.

GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT