Do salary and bonus fall in Compensation and benefits?

suraj-rawat1
Namaste to all Seniors,

Respected Seniors, I am having doubts related to compensation and benefits i.e.
1. What comes in it?
2. Do salary and bonus fall in Compensation and benefits?

Kindly share your thoughts, experience and knowledge on above mentioned Questions.

Regards

Suraj
Madhu.T.K
All forms of remuneration will come under compensation and benefits. Not only Salaries and bonus but whatever you pay to your employees directly or indirectly will come under compensation and benefits. Medical facilities, doctor on call, recreational facilities, food at concessional rates, cooperative societies etc are the 'benefits' indirectly given to the workers.
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