Business Studies · Human Resource Management
Which of the following are recognized as specific components of Compensation Management within the operative functions of Human Resource Management? I. Basic salary/wages and Dearness Allowance (DA). II. Incentives, bonuses, and overtime pay. III. Fringe benefits such as insurance and medical facilities. IV. Application screening and final job offer. Choose the most appropriate answer from the options given below:
- 1I, III, and IV Only
- 2II, III, and IV Only
- 3I, II, and III Only✓
- 4I, II, and IV Only
Correct answer
I, II, and III Only
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