Which components make up employment income?

Employment income primarily consists of the various forms of compensation that an employee receives for their work. The correct choice emphasizes the core components typically included as part of employment income: salary, bonuses, and taxable benefits.

Salary is the fixed regular payment, while bonuses are additional compensation that can be awarded based on performance or company profits. Taxable benefits refer to perks that have a monetary value and are provided to employees as part of their compensation package but may also be subject to taxation. Examples of taxable benefits include employer-provided vehicles, housing allowances, or certain health insurance contributions.

This choice accurately reflects the standard definitions and components that are recognized within the realm of employment income. In contrast, other options might mix in forms of income that are not strictly classified as employment income or include components that are either investment-related (like dividends in one option) or not universally considered taxable.