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C236 Compensation and Benefits Questions and Correct Answers Latest Update, Graded A+

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The employment relationship is: A. An agreed-upon basis for organizations and people meeting each other's needs B. A disagreed-upon basis for organizations and people meeting each other's needs C. An agreed-upon basis for organizations and government meeting each other's needs D. None of the above o :## A Organizations get work done through: A. Dollars B. Customers C. People D. Product o :## C Total rewards includes: A. Benefits, base salary, paid time off B. Benefits C. Base salary and benefits D. Base salary o :## C Meaningful work would be considered a discretionary employee benefit. A. True B. False o :## B Understanding the total rewards system will not allow you to create a meaningful total rewards plan. 2 | P a g e : 2 0 2 4 | G r a d e A + Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update A. True B. False o :## B Which of the following job families would not be affected by total rewards? A. Engineers B. Finance C. Marketing D. All job families are affected by total rewards o :## D Pay is not a broad category that refers to the monetary compensation that is provided to an employee in exchange for their work. A. True B. False o :## B Cash compensation is monetary pay from ____________ to __________________. A. Employers, employees B. Employees, employers C. Government, citizens D. None of the above

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Institution
C236
Course
C236

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1|Page : 2024 | Grade A+




C236 Compensation and Benefits
Questions and Correct Answers
Latest Update, Graded A+
The employment relationship is:
A. An agreed-upon basis for organizations and people meeting each other's needs
B. A disagreed-upon basis for organizations and people meeting each other's needs
C. An agreed-upon basis for organizations and government meeting each other's needs
D. None of the above
o :## A


Organizations get work done through:
A. Dollars
B. Customers
C. People
D. Product
o :## C


Total rewards includes:
A. Benefits, base salary, paid time off
B. Benefits
C. Base salary and benefits
D. Base salary
o :## C


Meaningful work would be considered a discretionary employee benefit.
A. True
B. False
o :## B


Understanding the total rewards system will not allow you to create a meaningful total
rewards plan.


Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

,2|Page : 2024 | Grade A+


A. True
B. False
o :## B


Which of the following job families would not be affected by total rewards?
A. Engineers
B. Finance
C. Marketing
D. All job families are affected by total rewards
o :## D


Pay is not a broad category that refers to the monetary compensation that is provided to
an employee in exchange for their work.
A. True
B. False
o :## B


Cash compensation is monetary pay from ____________ to __________________.
A. Employers, employees
B. Employees, employers
C. Government, citizens
D. None of the above
o :## A


Fringe benefits have become quite ____________ to compensation plans.
A. Central
B. Unimportant
C. Conditional
D. Proven
o :## A


When you think about a company's health benefits or retirement plan, you are thinking
about employee benefits.
A. True
B. False


Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

,3|Page : 2024 | Grade A+


o :## A


________________________ refers to the direct monetary pay given to an employee in
exchange for their contributions to the organization.
A. Total rewards
B. Cash compensation
C. Benefits
D. Time off
o :## B


Which of the following would not be included as an intangible reward?
A. Meaningful work
B. Salary
C. Positive working relationships
D. Location
o :## B


Cash compensation can have an influence on the employee's perception of how much they
are valued at the firm.
A. True
B. False
o :## A


To create a strategic total rewards plan, you need to understand all of the following
except:
A. Market
B. Benefits
C. Customers
D. None of the above
o :## B


Base pay includes:
A. Salary or hourly wages
B. Hourly and benefits
C. Benefits and salary



Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

, 4|Page : 2024 | Grade A+


D. None of the above
o :## A


Team performance:
A. Comprises the collective actions of groups of employees
B. Comprises senior management level of performance
C. Comprises customer feedback regarding employees
D. Comprises the star employees' level of performance
o :## A


Total Reward Systems do not need to be reviewed to ensure that they are not penalizing
such OCBs and instead provide a degree of encouragement for those helpful behaviors.
A. True
B. False
o :## B


Organizational performance includes all but:
A. Profits
B. Meeting customer needs
C. Employee satisfaction
D. New market share
o :## C


Employee perception of the organization has potential to lead to turnover and
performance.
A. True
B. False
o :## A


Managing total rewards is an art and a science.
A. True
B. False
o :## A


What is the total rewards content strategy?



Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update

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