Final answer:
Compensation provided on an individual basis can come in the form of goods or services, which refers to the additional benefits or perks that an individual receives apart from their salary or wages.
Step-by-step explanation:
Compensation provided on an individual basis can come in the form of goods or services. This refers to the additional benefits or perks that an individual receives apart from their salary or wages. These benefits can include employee insurance, retirement plans, health benefits, and other supplemental pay. They are often included as part of the total compensation per hour that an individual receives.