Final answer:
The statement is true; current compensation typically includes salary, wages, and bonuses, along with a variety of benefits such as health insurance and retirement plans, which together comprise the total hourly compensation for workers.
Step-by-step explanation:
The statement that current compensation is usually comprised of salary, wages, and bonuses is True. Compensation in the workforce is a complex concept that includes not only direct monetary payments like salaries, wages, and bonuses, but also encompasses various types of benefits. These benefits can include supplemental payments, health insurance, retirement and savings plans such as defined benefit and defined contribution schemes, as well as employer payments to legally required programs like Social Security, unemployment, and worker's compensation insurance.
According to Table 6.7, wages and salaries account for about three-quarters of the total compensation for private industry workers. The remaining quarter is made up of various benefits, highlighting the fact that compensation extends well beyond just the immediate paycheck. The amount of compensation a worker receives can vary based on several factors, including but not limited to, experience, education, skill, and talent, as well as external factors such as membership in a labor union or market discrimination.