Difference between direct, indirect and non-financial compensation

(adsbygoogle = window.adsbygoogle || []).push({}); By definition, compensation can be understood as total amount of the monetary and non-monetary reimbursement provided to an individual in return for labour. Within this act of repayment, ...

Direct Benefits

(adsbygoogle = window.adsbygoogle || []).push({}); Direct benefits are optional, non-wage compensation provided to employees in addition to their normal wages or salaries. These types of benefits may include group insurance (health, ...

Common Employee benefits

Child and Elder care benefits Child care and elder care are becoming more prevalent in benefits packages. If these issues affect your life, find out what the employer offers either in terms of payment or referrals. Compensation time While few nonprofit ...

Descriptions of Compensation & Benefits

Compensation can be linked to business structure and employee recruitment, retention, motivation, performance, feedback, and satisfaction and are typically among the first things potential employees consider when looking for employment. For employees, ...

Compensation & Benefits

When most people hear the term compensation they think about “what a person is paid”. Although this is true, it is only one aspect of a complex topic. Compensation includes not only salary, but also the direct and indirect rewards and ...
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