HRM 2A Session 5 (compensation and benefits)

Rewards are essential to the ... of employees and the achievement of an organization's goals

• attraction and detraction

• attraction and motivation

• attraction, motivation and retention

• attraction and retention

Perkins and White (2020) describe reward management as a ...

• all of the above

• central pillar

• an annoying activity

• difficult to establish

Rewards is conceptualized within a unique perspective

• True

• False

The economic school perceives reward as a ...

• motivation mechanism

• the efficacy of a reward is affected by various situational and contextual forces

• as medium of exchange and have utility

• All of the above

The psychology school perceives reward as a ...

• motivation mechanism

• the efficacy of a reward is affected by various situational and contextual forces

• as medium of exchange and have utility

• All of the above

The management theories perceives reward as a ...

• motivation mechanism

• the efficacy of a reward is affected by various situational and contextual forces

• as medium of exchange and have utility

• All of the above

The expectancy theory is useful to conceptualizing reward. This perspective belongs to:

• psychology

• economics

• management

• none of the above

The human capital theory is useful to conceptualizing reward. This perspective belongs to:

• psychology

• economics

• management

• none of the above

"Fixed income" is an example of a ...

• direct - financial - intrinsic REWARD

• direct - financial - extrinsic REWARD

• Indirect - financial - extrinsic REWARD

• none of the above

"benefits" are an example of a ...

• direct - financial - intrinsic REWARD

• direct - financial - extrinsic REWARD

• Indirect - financial - intrinsic REWARD

• none of the above