C236 Compensation and Benefits Questions and Correct Answers Latest Update, Graded A+
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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
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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
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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
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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
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