Entrepreneurship--Lesson 5-2 Slides

Match

Match the following

• Payment linked to the number of sales made.

• When a proportion of the company’s profits are paid to the employees.

• An additional amount, paid on top of salary, for good work.

• Pay which is related to an employee’s output, only practical in professions where output is easily measurable.

• When shares of the company are given to employees so they become owners.

commission

profit sharing

bonus

performance related pay

share ownership

• commission

• profit sharing

• bonus

• performance related pay

• share ownership

Multiple Choice

What role does technology play in modern HR management?

• It has no significant impact

• It is only used for payroll management

• It facilitates processes like recruitment, training, and performance management

• It is primarily used for monitoring employee emails

Multiple Choice

Which of the following is a trend in HR management?

• Moving away from technology

• Increasing focus on employee wellness

• Decreasing emphasis on diversity

• Reducing employee engagement initiatives

Multiple Choice

Which of the following compensation arrangements pays employees a portion of the company’s profits?

• Commission

• Profit sharing

• Bonus

• Salary

Fill in the Blanks

A

is a financial reward made in addition to regular wage or salary.

Multiple Select

Select all the compensation types that are not directly tied to sales performance.

• Profit sharing

• Commission

• Bonus

• Salary