Development opportunities can be considered a type of __________.
A) direct financial compensation
B) nonfinancial compensation
C) incentive pay
D) indirect financial compensation

Question

Quizplus · Accepted Answer

Development opportunities are a type of nonfinancial compensation, as they do not involve increased pay or benefits, but rather represent a form of investment in the employee's long-term career growth. Direct financial compensation refers to actual increases in pay, while incentive pay is typically tied to performance or outcomes achieved. Indirect financial compensation includes benefits such as health insurance or retirement savings plans.

Development Opportunities Can Be Considered a Type of __________