Which one of the following
statements is NOT true regarding compensation?

Question

Which one of the following
statements is  NOT  true regarding compensation?

Answer

An organisation's
compensation system includes financial and non-financial rewards.

Answer

Employee benefits
such as medical aid and group life assurance forms part of compensation.

Answer

Compensation
refers to monetary payment of employees only.

Answer

Rewards such as a
personal secretary or a special parking bay forms part of compensation.

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