What is the total package that a firm offers employees in return for their labor?

A) Wage
B) Salary
C) Benefits package
D) Compensation package
E) Retention plan


Answer: D
Explanation: D) In addition, the compensation package is a major factor in retaining skilled workers.

Business

You might also like to view...

When Applebee's faced declining sales in 2008, efforts were made to:

A) divest IHOP to raise capital B) raise prices and increase quality C) rejuvenate the brand D) co-brand with IHOP

Business

Because the zero point is fixed in interval scales, it is not meaningful to take ratios of scale values. Ratios of differences between scale values are permissible

Indicate whether the statement is true or false

Business

This passage contains a pronoun agreement error: "A stock broker typically works long hours. They don't have much time for their families."

a. true b. false

Business

An agent who has negligently or intentionally failed to perform his express duties is liable under tort law

Indicate whether the statement is true or false

Business