What Is The Difference Between Compensation And Benefits?

1.	What Is The Difference Between Compensation And Benefits?
Answer» The main difference between compensation and BENEFITS lies in the ASPECT related to monetary VALUE. Compensation refers to pay or the exchange in monetary terms of the work performed by the employee and is PAID by the employer In other words, benefits do not involve money but are PRESENTED in form of value. The main difference between compensation and benefits lies in the aspect related to monetary value. Compensation refers to pay or the exchange in monetary terms of the work performed by the employee and is paid by the employer In other words, benefits do not involve money but are presented in form of value.

Answer»

The main difference between compensation and BENEFITS lies in the ASPECT related to monetary VALUE.

Compensation refers to pay or the exchange in monetary terms of the work performed by the employee and is PAID by the employer In other words, benefits do not involve money but are PRESENTED in form of value.

The main difference between compensation and benefits lies in the aspect related to monetary value.

Compensation refers to pay or the exchange in monetary terms of the work performed by the employee and is paid by the employer In other words, benefits do not involve money but are presented in form of value.

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