Benefits and Services Are Referred to as Indirect Compensation Because

question 73

Multiple Choice

Benefits and services are referred to as indirect compensation because:

• A)they are based on critical job factors or performance
• B)they are given indirectly rather than appearing on a pay cheque
• C)they can't be spent like money
• D)they are usually extended as a condition of employment rather than directly related to performance
• E)they are paid out to other family members

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Definitions:

Terminal Values

End-goals or objectives in life that individuals strive to achieve, often related to personal fulfillment, success, and well-being.

Instrumental Values

Values that are regarded as a means to an end, guiding how we achieve our goals and interact with others.

Material Goods

Physical objects or possessions that have value, either monetary or sentimental, often acquired to satisfy personal needs or desires.

Confront

To face or deal with a challenging situation or person directly.