Multiple Choice QuestionPay and benefits make up a worker's _______ plan.Multiple choice question.stock ownershipcommissionsalarycompensation
Question
Multiple Choice QuestionPay and benefits make up a worker's _______ plan.Multiple choice question.stock ownershipcommissionsalarycompensation
Solution
Sure, let's break down the question step by step:
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Understand the Question: The question is asking what term encompasses both pay and benefits for a worker.
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Analyze the Options:
- Stock Ownership: This typically refers to a program where employees can own shares in the company. It is a type of benefit but does not cover the full scope of pay and benefits.
- Commission: This is a form of pay based on performance, often used in sales roles. It is a part of pay but does not include benefits.
- Salary: This refers to a fixed regular payment, typically expressed as an annual sum. It is a part of pay but does not include benefits.
- Compensation: This term generally includes all forms of pay and benefits provided to an employee in exchange for their work.
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Determine the Best Answer: The term that best encompasses both pay and benefits is "compensation."
So, the correct answer is:
- Compensation
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