GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following option is a component of remuneration?
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Motivation
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Commitment
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External equity
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Fringe Benefits
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Explanation:
Detailed explanation-1: -To sum it up, remuneration is the compensation paid to the employees and may comprise basic salary or hourly pay, commissions, bonuses, incentives, and other payments.
Detailed explanation-2: -Employees’ contribution to social security schemes are not included in compensation of employees, whereas, wages and salaries in cash and windfall gains are included in compensation of employees.
Detailed explanation-3: -To be specific, typical remuneration of an employee comprises wages and salary, incentives, fringe benefits, perquisites, and non-monetary benefits.
There is 1 question to complete.