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Question
Which one of the following is not a component of compensation of employees?
Options
Wages and salaries in cash
Employers’ contribution to social security schemes
Compensation in kind
Contribution of employees towards social security schemes
MCQ
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Solution
Contribution of employees towards social security schemes
Explanation:
It is not part of the compensation of employees because it is paid by the employee, not the employer. Only payments made by the employer are included in the compensation of employees.
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