Labor income, also known as compensation of employees, is the income from the work done for others. Compensation of employees refers to the complete set of monetary and non-monetary benefits given by an employer to an employee for the work performed. It includes wages, salaries, bonuses, and various other payments, along with benefits such as health coverage, pension schemes, and paid leave.
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प्रश्न
What is meant by compensation of employees?
लघु उत्तरीय
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उत्तर
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