The Proportion of Total Compensation Paid Out as Fringe Benefits

question 28

Multiple Choice

The proportion of total compensation paid out as fringe benefits tends to be larger in:

• A)high-paid industries compared to low-paid industries
• B)service industries compared to manufacturing industries
• C)white-collar occupations compared to blue-collar occupations
• D)retail trade compared to transportation and public utilities

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Definitions:

Organization Strategy

A plan of action designed to achieve a long-term or overall aim within an organization, influencing how resources are structured and utilized.

HR Planning

The process of forecasting an organization's future human resource needs and developing strategies to meet these needs.

Emergency Backups

Pre-arranged resources or systems that are available to be used in case of an emergency to ensure continuity.

Critical Positions

Jobs or roles within an organization that are essential for its performance and success.