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Employee compensation is provided in various types of benefits: these could include wages, health insurance, pension,...

Employee compensation is provided in various types of benefits: these could include wages, health insurance, pension, and vacation (to name a few). What term describes equalizing benefits; in other words when a benefit is added or benefits increase typically wages will decrease as the total compensation stays equal.

A) Compensating Differentials

B)Employer Sponsored Benefits

C) Differential Premiums

D) Competitive Benefits

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Answer #1

Option A is correct because Compensating Differentials is the term that describes equalizing benefits regarding the wages, health insurance, pension, and vacation rovided by the organization to their employees to attract them.

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