STRATEGIC COMPENSATION
COMPREHENSIVE EXAM SCRIPT VERIFIED
QUESTIONS AND SOLUTIONS GRADED
APLUS
●● Compensation
Answer: _________________ represents both the intrinsic and extrinisc
rewards employees recieve for performing their jobs and for their
membership as employees.
●● Total Compensation
Answer: _________________ is a system represented by the
combination of both the intrinsic and extrinsic compensations provided
in an organization.
●● Intrinsic Compensation
Answer: ________________________ reflects employees'
psychological mind-sets that result from performing their jobs.
●● Extrinsic Motivation
Answer: ________________ includes both monetary and nonmonetary
rewards.
,●● Core Compensation
Answer: Monetary compensation represents an orgnizations
____________________.
●● Employee Benefits
Answer: Most compensation professionals refer to nonmonetary rewards
as ______________.
●● Human Resource Strategies
Answer: ________________ specify the use of multiple HR practices to
reinforce competitve business strategy.
●● Strategic Compensation
Answer: _________________ refers to the design and implementation
of compensation systems to reinforce the objectives of both HR
strategies and competitive business strategies.
●● Strategic
Answer: A compensation system is considered ____________ when the
objectives it reinforces align with both the HR and the overall
competitive business strategies. h
●● Competitive Business Strategy
, Answer: ________________________ refers to the planned use of
company resources -financial capital, equipment capital, and human
capital- to promote and sustain competitive advantage.
●● Change the Job itself
Answer: The manipulation of intrinisc compensation requires a(the)
___________________________.
●● False. "Some extrinisc compensation is not necessarily tangible, e.g.
'thank you'."
Answer: True or False: All extrinsic compensation is tangible.
●● -It is convenient
-It acts as a status symbol
-It is easier to give money than figure out what people actually want to
be compensated
-Very Flexible
Answer: Why is money focused on so heavily as a form of
compensation?
●● Extrinsic Rewards
Answer: Which form of compensations is easier to manage? Extrinsic or
Intrinsic?
COMPREHENSIVE EXAM SCRIPT VERIFIED
QUESTIONS AND SOLUTIONS GRADED
APLUS
●● Compensation
Answer: _________________ represents both the intrinsic and extrinisc
rewards employees recieve for performing their jobs and for their
membership as employees.
●● Total Compensation
Answer: _________________ is a system represented by the
combination of both the intrinsic and extrinsic compensations provided
in an organization.
●● Intrinsic Compensation
Answer: ________________________ reflects employees'
psychological mind-sets that result from performing their jobs.
●● Extrinsic Motivation
Answer: ________________ includes both monetary and nonmonetary
rewards.
,●● Core Compensation
Answer: Monetary compensation represents an orgnizations
____________________.
●● Employee Benefits
Answer: Most compensation professionals refer to nonmonetary rewards
as ______________.
●● Human Resource Strategies
Answer: ________________ specify the use of multiple HR practices to
reinforce competitve business strategy.
●● Strategic Compensation
Answer: _________________ refers to the design and implementation
of compensation systems to reinforce the objectives of both HR
strategies and competitive business strategies.
●● Strategic
Answer: A compensation system is considered ____________ when the
objectives it reinforces align with both the HR and the overall
competitive business strategies. h
●● Competitive Business Strategy
, Answer: ________________________ refers to the planned use of
company resources -financial capital, equipment capital, and human
capital- to promote and sustain competitive advantage.
●● Change the Job itself
Answer: The manipulation of intrinisc compensation requires a(the)
___________________________.
●● False. "Some extrinisc compensation is not necessarily tangible, e.g.
'thank you'."
Answer: True or False: All extrinsic compensation is tangible.
●● -It is convenient
-It acts as a status symbol
-It is easier to give money than figure out what people actually want to
be compensated
-Very Flexible
Answer: Why is money focused on so heavily as a form of
compensation?
●● Extrinsic Rewards
Answer: Which form of compensations is easier to manage? Extrinsic or
Intrinsic?
