Assess the role of four factors responsible for the determination of a compensation policy
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Answer:
- Components of employee compensation
- Salary and wages. In a compensation package, these typically make up the single largest component. ...
- Bonuses. ...
- Federal/state pay requirements. ...
- Long-term incentives. ...
- Health insurance. ...
- Life and/or disability insurance. ...
- Retirement plan. ...
- Time off.
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1
Answer:
Explanation:
Components of employee compensation
Salary and wages. In a compensation package, these typically make up the single largest component. ...
Bonuses. ...
Federal/state pay requirements. ...
Long-term incentives. ...
Health insurance. ...
Life and/or disability insurance. ...
Retirement plan. ...
Time off.
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