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Which one of the following statements is NOT true regarding compensation?

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Which one of the following statements is NOT

true regarding compensation?

An

organisation’s compensation system includes financial and non-financial rewards

❌

Benefits

such as medical aid and group life assurance forms part of compensation.

❌

Compensation

refers to monetary payment of employees only.

✅✨

Rewards

such as personal secretary or a special parking bay forms part of compensation.

❌

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