What is typically included in forms of compensation given to employees?

Compensation for employees typically includes forms of remuneration that provide direct financial benefits for their work. Hourly pay and bonuses are classic examples of this type of compensation. Hourly pay refers to the wage employees earn for each hour worked, providing a straightforward monetary reward for labor. Bonuses serve as additional financial incentives, often tied to performance or company profitability, further motivating employees and rewarding their contributions to the organization.

Other options, while they may enhance the overall employment package, do not fall under the category of direct financial compensation. Free meals and transportation can be viewed as perks or benefits but are not direct payments for work. Similarly, job training and development enhance an employee's skills and career progression rather than providing immediate monetary compensation. Flexible working hours improve work-life balance but do not constitute a form of payment. Hence, hourly pay and bonuses are the clear and traditional examples of compensation that directly reward employees for their labor and performance.