Compensation & Benefits

(a)   financial payments include wages, salaries, incentives, commissions and bonuses.

Employer-paid insurance and vacations are examples of ______ financial payments.

• direct

• indirect

• self

• regulated

Dan is a technician in Company A. He compares his salary with his friend, Sid, who works as a technician in Company B. This is an example of a/an _____ act.

• internal equity

• procedural equity

• external equity

• individual equity

Sara requested more information from her supervisor regarding the processes and procedures involved in allocating her pay. This is an example of a/an_____ act.

• external equity

• internal equity

• individual equity

• procedural equity

Aini is a lecturer in AIC university. She found out that her colleague, Rina, who is also a lecturer in her department recently received a pay increase regardless of her poor performance. Aini wants to confront her supervisor regarding this matter. This is an example of a/an (a)   equity act.

Tony has just been offerred a job as a Production Manager in BTS Berhad. However, before accepting the offer, Tony wants to find out how managers in other departments of the company are being paid. This is an/a example of (a)   equity act.