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2 cards from this section. Quick, good the night before a test.
Define compensation in one sentence.
Think about what employees receive for performing their jobs.
What is a benefit?
Consider something that is not a direct payment.
What does compensation generally include?
Think about the different kinds of rewards employees may receive.
True or False: Benefits are the same as direct compensation.
Consider what contributes to financial assistance versus support aspects.
Imagine you are designing a compensation package for a new tech startup aiming to attract talent in a competitive market. List and justify the components you would include in the package.
Consider what makes an attractive offer to potential candidates.
Assess how a company's compensation strategy could change if they switched from a traditional industry to a tech startup environment.
Think about what tech employees value compared to traditional employees.
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