1.

Differentiate between Compensation and Non-Compensation Rewards. Any 4 points

Answer»
BasisCompensation RewardsNon-compensation Rewards
MeaningPaid in terms of moneyPaid in kinds rather than money
NatureTangible, quantitative, measurableIntangible, qualitative and not measurable
LevelPaid to lower levelMade available to higher level employees
DeterminationOn the basis of contract of employmentOn the basis of values, attitude and liking of the seniors


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