Asked by Jeffrey Morales on Jul 13, 2024
Verified
Employees who focus only on the base salary will perceive the pay to be unfairly low.
Base Salary
The initial rate of compensation an employee receives in exchange for services, not including additional bonuses, benefits, or overtime.
Pay Perception
An individual's understanding and evaluation of how their compensation compares to others and its fairness, adequacy, and alignment with their contributions.
- Gain an understanding of the concepts related to total compensation and its parts.
Verified Answer
DT
Dilbar ThindJul 14, 2024
Final Answer :
True
Explanation :
Employees who only focus on the base salary may not take into account other benefits such as bonuses, incentives, and non-monetary rewards, which can contribute to overall compensation. This perception may lead them to believe that their pay is unfairly low.
Learning Objectives
- Gain an understanding of the concepts related to total compensation and its parts.