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Compensation and benefits - C236 2024/2025 graded A+ by experts
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Compensation and benefits - C236 2024/2025 graded A+ by experts
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Compensation and benefits - C236how do employers define total rewards? - ANSAll forms of pay and compensation, tangible
benefits, and other intangible rewards that an organization provides.
cash compensation is the only element of a total rewards package. - ANSFalse
total rewards refers to all forms of pay and compensation, tangible benefits, and other intangible
rewards that an organization provides.
which of the following is not considered an intangible reward? - ANScash (bonuses are not
considered intangible rewards).
cash compensation influences: - ANSemployee perception
as a compensation manager, you will: - ANSimprove compensation systems and better enable
your organization to meet its goals.
in your capacity as a generalist, your ability to impact compnesation will happen in the following
way: - ANSstaffing.
training.
recruiting.
all of the above.
compensation affects which groups of people in a company? - ANSHR managers
employees
potential employees
all of the above.
as a compensation manager, you will not: - ANSrequire the organization to implement a
market-standardize compensation plan.
what department of the company is not affected by the compensation plan? - ANSall
departments are affected.
what is another term for "fringe benefits"? - ANSPerks = fringe benefits
one set of awards may fit one firm but may not fit another firm. - ANSTrue
to have an effective rewards system, you will not need to understand: - ANSemployees'
previous salary
what is variable pay? - ANSPerformance-based rewards and long-term equity.
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