Question

state the two types of direct financial payment ​

Answer 1

Answer:

Direct financial compensation includes direct payment of money to employees, such as salaries, wages, commissions and bonuses. Indirect financial compensation is non-cash benefits, such as medical insurance, retirements and employee services.

Answer 2

Two types of direct financial payments are salary and commissions.

• Direct financial payment is the money paid to the employees in return for their labor by the employer in the form of salary or wages, bonus, and commission.  
• The increment of direct financial payments is based on time.
• The monetary benefits are provided to the workers and also incentive compensations are included in the direct financial payments to increase the efficiency of the workers.