Compensation in Human Resources
Quiz
•
Other
•
University
•
Hard
clara moreira
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9 questions
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1.
OPEN ENDED QUESTION
2 mins • 2 pts
What is compensation in Human Resources?
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Answer explanation
A set of financial and non-financial rewards offered to employees.
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the main goal of a compensation system?
Reducing company costs
Attracting, retaining, and motivating employees
Ensuring all employees receive the same salary
Fulfilling legal obligations
Answer explanation
Attracting, retaining, and motivating employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Is salary an example of direct compensation?
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Is Overtime Payment an example of indirect compensation?
True
False
Answer explanation
Example of indirect compensation could be a paid vacation
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Why is internal equity important in compensation?
To adjust salaries to meet legal requirements
To offer equal salaries regardless of the role
To ensure employees do not compare their salaries
To guarantee that salaries are fair in relation to responsibilities and contributions of each role
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the main component of a total remuneration package?
Bonuses and commissions
Fixed salary
Salary, benefits, and intangible rewards
Training and professional development
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the difference between internal equity and external equity in compensation?
Internal equity refers to fairness among employees within the company, while external equity compares salaries with the market.
Internal equity deals with benefits, while external equity focuses on salaries.
Internal equity is performance-based, and external equity is fixed.
Internal equity relates to customers, and external equity to employees.
8.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Job ranking is quantitative and simple, while point-factor is qualitative and based on defined criteria.
True
False
Answer explanation
Job ranking is QUALITATIVE and simple, while point-factor is QUANTITATIVE and based on defined criteria.
9.
OPEN ENDED QUESTION
2 mins • 2 pts
Why is compensation a critical element in Human Resources management?
Evaluate responses using AI:
OFF
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