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Indirect compensation is represented by which of the following: Social Security benefits Short-term incentive pay Differential pay Merit pay?

Employee Relations HR Strategy Compensation and Benefits Employee Affairs
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Question added by MAZIN AHMED , Head of People and Culture , BALICH WONDER STUDIO
Date Posted: 2017/03/03
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Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Overtime, Mobile Allowance, Fuel Allwonce, Gosi & Insurance Medical

 

Deleted user
by Deleted user

In your question on Indirect Compensation, I think Social Security Benefits is the designated IDC. The other references relate to the actual financial qoutient component remunerated to an employee by the organisation over a period for services rendered.

Kalyan P
by Kalyan P , Assistant Manager HR , Halodoc/ Sasken

  • Indirect compensation refers to any non-monetary remuneration provided to employees

  • Examples : Annual leave, overtime allowance, health insurance, life assurance, company car and mobile, pension funds

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