Employees Sometimes Prefer Increases in Fringe Benefits Rather Than Increases

question 210

True/False

Employees sometimes prefer increases in fringe benefits rather than increases in wages or salaries, because many fringe benefits are not subject to taxes.

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Definitions:

Significant

Having a meaningful, important, or noticeable effect or influence.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Cross-Sectional Study

A study in which people (or animals) of different ages are compared at a given time.

Longitudinal Study

A research design that involves repeated observations of the same variables (e.g., people) over short or long periods of time.