Discuss the relationship between resource owners and monetary payments

1 answer:

3 0

Monetary compensation, in the context of employment, is money paid to an employee in exchange for the use of the employee's labor, as opposed to non-monetary compensation such as health insurance. There are several different ways an employer can structure monetary compensation Resource ownership is a mutually beneficial process of acquiring materials, equipment, or skills that, when matched to a job seeker's interests and customer needs, generates profits for the employer and wages for the employee.

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