
TUTORIAL CHAP 1 & 2 (COMPENSATION MANAGEMENT)
Authored by NURHANNANI (BP)
Social Studies
University
7 Questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How compensation can be best described?
hourly/ monthly salary
non-monetary reward
incentive reward
intrinsic & extrinsic rewards
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two essential parts that constitute core compensation?
base pay + employee benefits
base pay + COLA
seniority & merit pay
person focused pay
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What category of decision involves aligning compensation with business strategy (long-term goals)?
tactical decision
strategic decision
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What group receives incentive payments under profit-sharing arrangements?
top management only
shareholders only
All (most) employees
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one downside of using only seniority as the basis for employee pay increases?
can demotivate high-performing employees
difficult to administer
decrease employees retention
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for a pay system that rewards based on the position’s role in the organization?
person-focused pay
job-based pay
incentive pay
merit pay
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Give two company-wide incentive plans
profit sharing plans & employee stock option plans
team-based or small- group incentive plans & gain sharing plans
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