The increments based on performance is a basis of?
Correct answer: D. direct financial payments
- A. bonuses
- B. non direct financial payments
- C. direct compensation
- D. direct financial payments
Explanation
Performance-based increments are merit increases, which are paid directly to employees as part of their wages or salaries. They are therefore direct financial payments, whereas non-direct payments include benefits and services.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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