Wages and Salary Administration Quiz

Wages and Salary Administration Quiz

University

8 Qs

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Wages and Salary Administration Quiz

Wages and Salary Administration Quiz

Assessment

Quiz

Social Studies

University

Hard

Created by

Bernadette Mundo

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What is a fixed annual sum paid to employees, often associated with professional or managerial roles?

Bonus

Salary

Commission

Incentive

2.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Which of the following is considered a non-monetary compensation?

Cash bonuses

Recognition

Commission

Overtime pay

3.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What is the relationship between salary and hours worked?

Salary is based on hours worked

Salary is a fixed amount regardless of hours

Salary is only for part-time employees

Salary fluctuates with hours worked

4.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

Which of the following best describes the role of bonuses in compensation management?

hey are the only form of compensation

They are irrelevant to employee satisfaction

They are a tool for enhancing employee engagement

They are only for high-level positions

5.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What is a salary?

A variable amount paid based on hours worked

A fixed annual sum paid to employees, regardless of hours worked

A type of bonus given for exceptional performance

A payment made only to hourly workers

6.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What are bonuses typically tied to?

A variable amount paid based on hours worked

The number of hours worked

Performance metrics or company profits

Employee age

7.

MULTIPLE CHOICE QUESTION

20 sec • 2 pts

What is one of the primary objectives of fair compensation?

To reduce employee workload

To ensure equitable pay

To increase company profits

To limit employee benefits

8.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Refer to compensation based on hours
worked or production levels, typically paid
weekly or bi-weekly.

Wage

Salary