T4

Which pay type usually makes up a small proportion of total compensation, and may not be used at all by some employers?A . mandatory benefitsB . wagesC . merit payD . salariesView AnswerAnswer: C

Which of the following conditions make it impractical to use output-related pay?A . Output is easy to measure.B . Output is very stable.C . Output cannot be controlled by the individual employee.D . Output is easy to price in terms of its value to the employer.View AnswerAnswer: C

Your company offers you pay for time not worked, disability benefits, supplemental medical coverage, and a full range of free employee services. These items refer to which component of the compensation mix?A . direct payB . base payC . indirect payD . performance payView AnswerAnswer: C

As a human resource consultant, you have been asked to provide some rationale why an organization may decide to use base pay as a cornerstone for a compensation scheme. Which of the following notions would you advance in supporting your argument?A . It provides an organization with more labour flexibility...

Johnny is compensated based on a rate of $25.00 per hour worked. Which of the following terms best describes the manner in which Johnny is compensated?A . commissionB . wageC . piece rateD . salaryView AnswerAnswer: B