Explain how employee benefits affect total employment compensation

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asked Jan 21, 2019 183k views

2 Answers

Metabble · Answer 1 · 2019-01-22T12:45:51+0000

Employee benefits are generally considered added compensation in addition to wages or salary. so if it were represented as a function it would be C=b+w. The total compensation C would be equal to benefits b plus wages or salary w.

Paul Redmond · Answer 2 · 2019-01-28T04:16:19+0000

Answer:

Explained

Explanation:

Total employment compensation is calculated by

Salary + total benefits + additional bonus

Which means that the more benefits that employees got, the more compensation that they will receive.

The benefits itself usually a combination of pre-package that given by company for all employees, plus the amount that earned through employees' performance

Explain how employee benefits affect total employment compensation

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