Relatively inflexible compensation system

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1. A relatively inflexible compensation system is____ which determines the value of the jobs employees hold rather than paying individuals for the capabilities they bring to the organization.

A. job-based pay

B. performance- based pay

C. Skill- based pay

D. Merit-base pay

2. To motivate employees to achieve better results, a company may use a______plan, such as bonuses based on goal achievement or profit sharing.

A. Skill- based pay

B. job-based pay

C. performance- based pay

D. benefits

3. Certain ______ are required by law, such as employer contributions to Social Security and Medicare; others are discretionary, such as dental and vision insurance and tuition reimbursement.

A. wages

B. Salaries

C. benefits

D. performance ratings

Reference no: EM131738500

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