What is the difference between Pay and Benefit ?

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What is the correct pay scheme? Elaborate on your answer by giving details.
Posted by:
Kokab Rahman
17-July-2013

Workers Compensation Business Management Benefit Administration Pay For Performance HR Management

Question ajoutée par Alee Iftikhar , Administration & Marketing Officer , Sunrise Marketing (Pvt) Ltd
Date de publication: 2015/11/07

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Praveen Haridas

par Praveen Haridas , HR MANAGER ( CSR AUDITS ) , BUSINESS SERVICES AND MORE

Pay is purely the monetary aspect. Salary, bonus, etc.

Benefits are the non-monetary items like heath insurance, medical insurance ans so on..

Thanks / Praveen

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Ihab El Din Rehan

par Ihab El Din Rehan , HR & Admin. Consultant. , Near Range

Compensation & Benefits

Pay is one elements of the compensation package

Benefits it's vary from company to another such as Medical insurance , Life insurance

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