Reward and Performance Management
Quiz
•
Business
•
10th Grade - Professional Development
•
Medium
U M
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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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