Quiz on Reward Management

What is indirect financial compensation?

• Direct salary payments

• Stock options

• All financial rewards not included in direct compensation

• Bonuses for performance

Which act mandates legally required benefits in Malaysia?

• Trade Union Act 1959

• Companies Act 1965

• Income Tax Act 1967

• Employment Act 1955

What are discretionary benefits?

• Only health insurance

• Benefits not mandated by law

• Benefits mandated by law

• Only retirement plans

Which of the following is a legally required benefit?

• Paid time-off

• Tuition reimbursement

• Life insurance

• Workers' compensation

What does paid time-off include?

• Only holidays

• Sick pay and parental leave

• Only sabbaticals

• Only vacation days

What is the purpose of retirement plans?

• To provide health insurance

• To provide a source of income after work

• To offer paid time-off

• To give bonuses

Which of the following is NOT a type of workplace flexibility?

• Job sharing

• Compressed workweek

• Mandatory overtime

• Flextime

What is flextime?

• Working fewer days

• Working from home

• Sharing a job with another person

• Choosing your own working hours

What does job sharing involve?

• Taking a sabbatical

• One person doing two jobs

• Working from home

• Two part-time people sharing one job

What is telecommuting?

• Job sharing

• Taking a vacation

• Working from home using technology

• Working in the office