describe how total job benefits and total employee compensation differ.
describe how total job benefits and total employee compensation differ.
Answer
Brief Explanations:
Total employee compensation includes total job benefits plus total job pay. Job pay is the direct financial payment (salary, wages), while job benefits are non - cash or indirect compensations (health insurance, retirement plans).
Answer:
Total employee compensation is the sum of total job pay and total job benefits. Total job pay is the direct monetary amount an employee receives (like salary), and total job benefits are non - monetary or additional benefits (such as health insurance, paid vacations). So, total employee compensation is a broader term that encompasses both the direct pay and the benefits.