Question Detail
Question
What does the document define as 'the totality of financial and non-financial rewards that an employee gets in return for providing his labour services for the organisation'?
Correct Answer
Option B is the correct answer.
Detailed Explanation
Page 5 explicitly defines: 'Compensation is the totality of financial and non-financial rewards that an employee gets in return for providing his labour services for the organisation. It is everything an organisation provides to reward the efforts or membership of the employee.'
Hint
The question asks for a definition related to all forms of rewards for labour services.