Answered

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Compensation may be offered at the individual, group, and organizational level, depending on what type of performance is to be rewarded.

a. True
b. False

Sagot :

Answer:

true

Explanation:

Compensation can be direct or indirect

Some of the components of compensation includes :

  • Base pay
  • commissions
  • stock options
  • Bonuses
  • health insurance

Direct compensation are usually offered to individuals

Base pay is usually offered to the individual based on certain parameters .

Same with commissions

But there are some compensations that are offered to groups. For example if members of a department achieve a certain benchmark, they  can be rewarded with stock options

Also, indirect compensations such as health insurance and pension are usually compensation offered at the organisational level or group level

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