Describe the role of non-monetary rewards and work experience in the broader total rewards approach to compensation management. Select the statement that is the best fit. Question 8 options: a) Non-monetary rewards are a separate element of the total rewards approach to compensation and have no bearing on the other two elements. b) Non-monetary rewards are an important element of the total rewards approach to compensation and should be considered along with the other two elements of monetary rewards and work experience c) All three elements are of equal importance to all employees

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The detailed answer for the above question is provided below b Nonmonetary rewards are an important ... View the full answer