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HRM3705 ASSESSMENT 2 SEMESTER 1 2025 Which type of pay-for-performance plan entitles employees to a bonus payment when the company's profits exceed a specific threshold? Select one: Individual bonus plan. Employee-stock-option Profit sharing p

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HRM3705 ASSESSMENT 2 SEMESTER 1 2025 Which type of pay-for-performance plan entitles employees to a bonus payment when the company's profits exceed a specific threshold? Select one: Individual bonus plan. Employee-stock-option Profit sharing plan. Merit pay plan.

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Uploaded on
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THE BMZ ACADEMY




THE BMZ ACADEMY




@061 262 1185/068 053 8213




BMZ ACADEMY 061 262 1185/068 053 8213

, THE BMZ ACADEMY



Question 1

Question text

The pay ratio refers to the ratio between the median salary and the lowest salary and
can be calculated by dividing the median salary by the lowest salary.

Select one:

True

False

Question 2

Question text

You just purchased a battery inverter from a door-to-door salesperson. The company
the salesperson works for most likely remunerates the employee using
______________.




Select one:

commission-based pay

BMZ ACADEMY 061 262 1185/068 053 8213Page 2 of 16

, THE BMZ ACADEMY



group-based incentive plans.

performance-based stock options.

profit-sharing incentives.

Question 3

Question text

Which type of pay-for-performance plan entitles employees to a bonus payment when
the company's profits exceed a specific threshold?

Select one:

Individual bonus plan.

Employee-stock-option

Profit sharing plan.

Merit pay plan.

Question 4

Question text


BMZ ACADEMY 061 262 1185/068 053 8213Page 3 of 16

, THE BMZ ACADEMY



Refer to the figure below and answer the question.

The above diagram illustrates the concept of labour market dynamics and external
competitiveness within strategic remuneration evaluation. Which combination
accurately represents these concepts?

Select one:

regression and product market

supply and demand and product market

consolidation and product market

supply and demand and the labour market

Question 5

Question text


Joe works in a call center in Durban, where his daily job is to answer an average
of 60 calls per day, and he is paid at a fixed rate for his work. However, if Joe manages
to answer 80 calls daily, he receives an additional 20% pay for that month. What type
of PFP is used in this case?

Select one:
BMZ ACADEMY 061 262 1185/068 053 8213Page 4 of 16

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