C236 Compensation and Benefits Questions and Correct Answers Latest Update, Graded A+
14 views 0 purchase
Course
C236
Institution
C236
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 ab...
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
