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What is compensation?

What is compensation?: Human Resources: Compensation and Benefits
What is compensation?: Human Resources: Compensation and Benefits

This video explains what total compensation is—pay as well as benefits—and the various forms that it takes, including base pay, merit increases, and short- and long-term incentives. Benefits include income protection, work/life fit, and various allowances. Pay, plus benefits, equal total financial returns from work.

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Skill Level Beginner
1h 21m
Duration
17,984
Views
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Skills covered in this course
Business Business Skills

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