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Reward and Performance Management

Authored by U M

Business

10th Grade - Professional Development

Used 18+ times

Reward and Performance Management
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6 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Strategic reward takes a long term approach to how an organization's reward policies and practices can support its business objectives

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The reward system that covers all aspects of work that are valued by people is called

Strategic

Total

Leaner

Smarter

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Total reward has implications for cultural change as it focuses primarily on accountability

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Total reward may form part of a strategic approach to reward for many employers

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Different approaches to strategic pay include:

(Tick off the one(s) that apply)

Designing pay structures and pay progression such that values, behaviours, performances and attitudes that the business needs to be successful are rewarded

Positioning earnings carefully against basic pay to encourage appropriate employee performance

Developing a pay policy that's comparative with the external labour market to ensure key personnel retention

Ensuring only one of the vertical and horizontal integration of employee reward approaches with business goals is established

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

WorldatWork has identified 4 separate components of the work experience in addition to pay and benefits

True

False

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