Indirect Compensation Definition

Compensation for employees other than basic pay, such as leave time or health and life insurance.

Indirect Compensation Extended Definition

Direct compensation is the monetary benefit a business offers its employees, including base pay, incentive pay, and stock options. On the other hand, indirect compensation includes the benefits you offer your employees, like health insurance.

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Last Updated By

Rachel Blakely-Gray | Apr 28, 2023

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