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Payment Systems

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

Why organizations need to have a proper compensation system?

a)

to discourage employees.

b)

to attract workers/employees and to retain the best performers.

c)

to demotivate employees.

d)

to influence workers to job hop to another organization.

2.

A remuneration and compensation package can be defined as _______________

a)

a solely basic pay compensation.

b)

a combination of basic pay, incentives and benefits.

c)

focus on one element that is employee benefits.

d)

unpaid leave and medical benefits.

3.

(a)   are wages paid for a set period of work on an hourly, weekly or monthly basis.

4.

Piece-rated systems can be defined as

a)

workers/ employees who are being paid permanently every month.

b)

workers/ employees who are being paid according to the number of units produced in a given time (e.g. part-time pay).

c)

workers/ employees who are being paid permanently every 3 months.

d)

workers/ employees who are not being paid at all.

5.

What are the factors affecting individuals level of pay?

a)

seniority and performance only.

b)

seniority, performance, degree of skills and increase in the cost of living.

c)

degree of skills and increase in the cost of living only.

d)

degree of skills and seniority only.

6.

The (a)   are laws relevant to the payment of wages.

7.

Working hours according to Employment Act should not

a)

be more than 5 hours per day when a spread-over period is involved.

b)

be more than 10 hours per day when a spread-over period is involved.

c)

be more than 6 hours per day.

d)

have any off day for the employee.

8.

For rest days, all workers/employees are entitled to at least

a)

no rest day at all.

b)

one rest day per week.

c)

three rest days per week.

d)

five rest days per week.

9.

(a)   are a system of working hours where the starting and stopping times are decided by the individual worker/ employee within a number of limitations set by the employer.