We read your photo as:
An engineer employed at Samsung can receive a financial bonus if he performs very well. This is known as a
Business/Management
ScanSolve AI Answer
Answer
A
A financial bonus given for performing very well is a direct monetary payment to an employee.
- a) Direct compensation refers to monetary payments made directly to employees, such as salaries, wages, commissions, and bonuses. A financial bonus for performance falls under this category.
- b) A reward is a broader term that can include both financial and non-financial recognition. While a bonus is a reward, "direct compensation" is a more precise term for a financial bonus.
- c) Indirect compensation refers to non-monetary benefits or perks, such as health insurance, paid time off, or retirement plans. A financial bonus is not indirect compensation.
- d) A fringe benefit is a type of indirect compensation, typically non-wage benefits. A financial bonus is a wage-related payment, not a fringe benefit.
Therefore, a financial bonus for good performance is known as direct compensation.
The correct option is a).
Was this helpful?
Try one yourself
A new problem that tests the same skill.
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.
Got a different question?Ask your own question
More Business/Management Questions
QWhat is the social responsibility for an engineerQWrite a SQL query to increase the salaries of employees in the 'Engineering' department by 5000.QPrepared made company pays the salary of Employees as follows:- 1. CEO −2,000,000 2. Manager…QThe best reflection of a company's expectations regarding employee job performance is:QWhich of the following is NOT a benefit of engineering processes?
Handwritten Step-by-Step Solution
Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.
Try on WhatsApp