
Employee Compensation and Benefits
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Joe Jones
Used 158+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
total amount of the monetary and non‐monetary pay provided to an employee by an employer in return for work performed as required by the organization.
Benefits
Skill Pay
Variable Pay
Compensation
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
compensation other than an hourly wage or salary.
Compensation
Variable Pay
Benefits
Skill Pay
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
all jobs in a particular category are assigned a specific pay category
Competency
Broadbanding
Point Factor
Paired Comparison
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Employers that want to succeed in this increasingly competitive environment must have a well-designed compensation plan that motivates employees, controls compensation costs, and ensures equity.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A complete compensation package can include pay, health‐ care benefits, and other benefits, such as 401(k) plans.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A market compensation policy is to pay below the going rate for a particular job—basically, one that pays similarly to what the market offers.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The value of a job is a major factor when determining pay.
True
False
8.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is the process of setting the pay scale for specific jobs or types of jobs.
Variable pay
Skill Pay
Overtime
Pay Grading
9.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
salary levels are based on the employee’s skills as opposed to the job title
Skill Level Pay
Variable Pay
Overtime
Compensation
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