The remuneration awarded to employee in service is-
Answer: D) Compensation
- A) Gratuity
- B) Incentive
- C) Stipend
- D) Compensation
- E) Benefits
Explanation
Compensation is the general word for what an employee receives for the work done while in service: salary, wages and related pay. Gratuity is paid at retirement or exit, not during service. A stipend is a fixed allowance for trainees or students. An incentive is extra pay tied to performance, and benefits are non-wage extras such as insurance.
Asked in: TGTDCL 2021