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.
What Does Direct Compensation Include?
Last Updated By
Rachel Blakely-Gray | Apr 28, 2023