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Category: Employee compensation

Employee compensation and benefits play a vital role in attracting, retaining, and motivating employees. Both seem to serve the same role however, different in definition and nature. Although intricately woven together, still there is a subtle distinction, so let’s see how compensation is different from benefit!

WHAT IS THE DIFFERENCE BETWEEN EMPLOYEE COMPENSATION AND EMPLOYEE BENEFITS

What is the difference between employee compensation and employee benefits?

Employee compensation and benefits play a vital role in attracting, retaining, and motivating employees. Both seem to serve the same role however, different in definition and nature. Although intricately woven together, still there is a subtle distinction, so let’s see how compensation is different from benefit! Compensation: Compensation is a monetary or non-monetary consideration given […]

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