Fringe Benefits Are Always Part of an Employee's Cash Compensation

question 9

True/False

Fringe benefits are always part of an employee's cash compensation package.

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Definitions:

Input to Outcome

The relationship or correlation between contributed resources or efforts (inputs) and the results or achievements (outcomes).

Fairness of Rewards

The perceived equity and justice of the distribution of outcomes and rewards among individuals or groups, influencing their satisfaction and motivation.

Perceived Inequity

The feeling of being unfairly treated when comparing one's own effort-reward ratio to the effort-reward ratio of others.

Equity of Fairness

A principle of justice that emphasizes fair treatment and equal opportunities for all individuals.