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
A
Organizations get work done through:
A. Dollars
B. Customers
C. People
D. Product
C
Total rewards includes:
A. Benefits, base salary, paid time off
B. Benefits
C. Base salary and benefits
D. Base salary
C
,Meaningful work would be considered a discretionary employee benefit.
A. True
B. False
B
Understanding the total rewards system will not allow you to create a meaningful total
rewards plan.
A. True
B. False
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
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
B
Cash compensation is monetary pay from ____________ to __________________.
A. Employers, employees
B. Employees, employers
C. Government, citizens
D. None of the above
A
Fringe benefits have become quite ____________ to compensation plans.
A. Central
B. Unimportant
C. Conditional
D. Proven
A
When you think about a company's health benefits or retirement plan, you are thinking
about employee benefits.
, A. True
B. False
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
B
Which of the following would not be included as an intangible reward?
A. Meaningful work
B. Salary
C. Positive working relationships
D. Location
B
Cash compensation can have an influence on the employee's perception of how much
they are valued at the firm.