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Which one of the following statements is NOTtrue regarding compensation?
Which one of the following statements is NOT
true regarding compensation?
Benefitssuch as medical aid and group life assurance forms part of compensation.
Benefits
such as medical aid and group life assurance forms part of compensation.
Rewardssuch as personal secretary or a special parking bay forms part of compensation.
Rewards
such as personal secretary or a special parking bay forms part of compensation.
Anorganisation’s compensation system includes financial and non-financial rewards
An
organisation’s compensation system includes financial and non-financial rewards
Compensationrefers to monetary payment of employees only.
Compensation
refers to monetary payment of employees only.
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