CBSE BOARD XII, asked by pragyanbaruah9, 3 months ago

Assess the role of four factors responsible for the determination of a compensation policy

Answers

Answered by Anonymous
24

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.
Answered by vikashpatnaik2009
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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