GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Benefits are an important aspect of employee compensation and they involve the direct financial payments employee receive for remaining with an employer
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Employees have a higher motivation to stay back in your company if they are offered employee benefits and perks. With better benefits, you can offer higher levels of job satisfaction to your employees, and thus make them stay longer in your company, helping you to retain better, more talented employees in your company.
Detailed explanation-2: -Employee compensation is based on monetary value and is paid to the employee based on their performance. The employee cannot determine it and is decided by the organization. It may be offered on a fortnightly, weekly, or monthly basis.
There is 1 question to complete.