
Module 8: Incentive Compensation
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Incentives?
Are those that reward employees using the profits of the enterprise as a basis.
Rewards given to employees for performing beyond the standard requirements.
Pays individual employees based on the number of units produced by each.
Payment given to employees for good performance.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
designed to motivate the individual employees to perform beyond standard requirements.
Individual Incentive Plan
Piece-rate System
Merit Pay
Bonuses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
are those designed to reward work teams, project members or departments. Instead of individual output, the emphasis of group incentive is on group output.
Organizational Incentive Plan
Profit-Sharing plan
Group Incentive Plan
Combination plans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
are rewards designed to cover all employees in an organization. It consists of gain sharing, profit sharing, and employee stock ownership.
Profit-Sharing plan
Gain Sharing Plans
Employee Stock Ownership plan
Organizational Incentive Plan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
this type of incentive plan pays individual employees based on the number of units produced by each.
Merit Pay
Commissions
Piece-rate System
Bonuses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a form of incentive usually paid to sales employees.
Commissions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an extra payment given to employees for good performance.
bonuses
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