Question

17. Which of the following is not included in compensation of employees?(a) Wages and salaries in cash(b) Wages and salaries in kind(c) Employees' contribution to social security schemes(d) Employers' contribution to social security schemes​

Answer 1

Answer:

d will be the answer of this question

Answer 2

The following are not included in employee compensation as follows is:

1. Optional(correct) (c) Employees’ contribution to social security schemes.

Explanation:

1. It is paid by employers at a certain time of calculation.
2. Employee contributions to social security schemes are not included in workers' compensation, and cash salaries and unpaid benefits are included in employee compensation.
3. Employee compensation means the total amount paid to employees for the work they do.
4. It is paid by employers at a certain time of calculation.
5. It basically refers to the total (pre-tax) amount paid by employers to employees for work done during the calculation period, such as a quarter or year.