Worksheetsquiz for btm human res
Total questions: 20
Worksheet time: 27mins
pay based on number of hours worked
salary
wages
earned income
unearned income
When you are only paid for the hours you work, you make _______
a salary
benefits
hourly wages
Explain the concept of profit-sharing and how it affects employee compensation.
Profit-sharing is a system where a company shares a portion of its profits with its employees based on a predetermined formula. This can be in the form of bonuses, stock options, or direct cash payments. It affects employee compensation by providing them with additional income based on the company's financial performance.
Profit-sharing is a system where employees share their profits with the company.
Profit-sharing only benefits top-level executives and not regular employees.
Profit-sharing is illegal and unethical in most industries.
Discuss the importance of negotiating salary and wages during job offers.
Negotiating salary is unnecessary
Accepting the first offer is always the best choice
Discussing salary can lead to job loss
Negotiating salary and wages during job offers is crucial for fair compensation, establishing value, and future growth.
It is a fixed amount of money that an employee typically receives
on a monthly or bimonthly basis, but it may also expressed as annual sum.
(a)
It is the total amount that people earn from their employment, businesses, investments, and the professional services that they render.
(a)
It is the collective term for non-wage compensation, allowances, or incentives that are given to employees in addition to their regular wages or salaries.
(a)
It is the amount of time an employee spends work beyond the maximum number of regular working hours that the law requires.
night shift differential
working hours
overtime
holiday pay
It is the additional compensation given to an employee who works between 10 PM to 6 AM.
overtime pay
night shift differential
holiday pay
premium pay
It is the additional compensation required by law for work performed within 8 hours on nonworking holidays.
holiday pay
premium pay
overtime pay
night shift differential
It is the amount that hotels, restaurants, and similar establishments receive from their clients as payment for performing certain services.
(a)
It is a form of monetary benefit equivalent to the monthly basic salary of an employee or at least one-twelfth of his annual salary.
retirement pay
premium pay
13th month pay
separation pay
It is a benefit given to wage earners who are validly dismissed from company for causes other than serious misconduct.
Holiday Pay
Premium Pay
Retirement Pay
It is a monetary benefit that is given to an employee who retires. The amount is equivalent to at least half-month salary for every year of service.
Separation Pay
Holiday Pay
Premium Pay
Retirement Pay
workers work most often in a non-office setting (construction site, production line, driving etc.). They use their hands and physical abilities to perform their duties.
blue collar job
white collar job
factory workers
non of these
work used to mean a high level of education and the assumption of securing a cushy job with perks.
white collar job
blue collar job
all
senator
person who freely offers to take part in an enterprise or undertake a task.
white collar jobs
volunteer
blue collar
non of these
