A company recently added a public transportation stipend to its total compensation package. Which part of total compensation is this?(1 Point)In-kind benefitBase payWage add-onIncentive pay
Question
A company recently added a public transportation stipend to its total compensation package. Which part of total compensation is this?(1 Point)In-kind benefitBase payWage add-onIncentive pay
Solution
The public transportation stipend that the company recently added to its total compensation package is considered an "In-kind benefit". This is because it is a non-cash benefit provided to employees, which can include things like transportation stipends, health insurance, and meals.
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