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Multiple Choice QuestionPay and benefits make up a worker's _______ plan.Multiple choice question.stock ownershipcommissionsalarycompensation

Question

Multiple Choice Question

Pay and benefits make up a worker's _______ plan.

  • stock ownership
  • commissions
  • salary
  • compensation
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Solution

Sure, let's break down the question step by step:

  1. Understand the Question: The question is asking what term encompasses both pay and benefits for a worker.

  2. Analyze the Options:

    • Stock Ownership: This typically refers to a program where employees can own shares in the company. It is a type of benefit but does not cover the full scope of pay and benefits.
    • Commission: This is a form of pay based on performance, often used in sales roles. It is a part of pay but does not include benefits.
    • Salary: This refers to a fixed regular payment, typically expressed as an annual sum. It is a part of pay but does not include benefits.
    • Compensation: This term generally includes all forms of pay and benefits provided to an employee in exchange for their work.
  3. Determine the Best Answer: The term that best encompasses both pay and benefits is "compensation."

So, the correct answer is:

  • Compensation

This problem has been solved

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