What term refers to compensation employees receive in addition to base salary, including health insurance and pensions?

Prepare for the HRCI PHRca Certification Exam. Utilize flashcards and multiple choice questions with explanations to boost your understanding and get exam-ready!

Multiple Choice

What term refers to compensation employees receive in addition to base salary, including health insurance and pensions?

Explanation:
Benefits are the compensation employees receive in addition to base salary, such as health insurance and pensions. They’re part of total compensation and help attract and retain staff. The phrase “benefit programs” describes the organized package of these offerings, but it’s a broader label for the collection itself rather than the single term for the compensation category. Biodata covers personal information used in hiring, and best practices refer to HR methods. So the concept described is best captured by benefits.

Benefits are the compensation employees receive in addition to base salary, such as health insurance and pensions. They’re part of total compensation and help attract and retain staff. The phrase “benefit programs” describes the organized package of these offerings, but it’s a broader label for the collection itself rather than the single term for the compensation category. Biodata covers personal information used in hiring, and best practices refer to HR methods. So the concept described is best captured by benefits.

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