Which of the following is usually classified as an indirect financial reward?
Correct answer: B. Health insurance
- A. Basic salary
- B. Health insurance
- C. Sales commission
- D. Piece-rate earnings
Explanation
Health insurance is an employee benefit and therefore an indirect financial reward. Salary, commission and piece-rate earnings are direct payments made for work or results.
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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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