prompt explain how employee benefits affect total employment compensation. read more >>

Brief Explanations:

Total employment compensation includes both direct pay (salary, wages) and indirect pay (employee benefits). Employee benefits like health - insurance, retirement plans, paid time off add to the overall value of compensation. They can enhance the attractiveness of a job, affect employee satisfaction and retention, and contribute to the overall cost of employment for the employer.

Answer:

Employee benefits are a component of total employment compensation. They are indirect forms of pay that, along with direct pay (salary/wages), make up the overall value of what an employee receives from an employer. Benefits can impact job attractiveness, employee satisfaction, and employer costs.