2024 – 1 The compensation program that would best fit in any company regardless of its organizational structure
Multiple Questions Answers – 2024
1. The compensation program that would best fit in any company regardless of its organizational structure or the independence of jobs is:
profit sharing.
skill-based.
merit pay.
incentive pay.
2. The pay-for-performance program that does not use a bonus payment as a payment method is:
ESOPs.
profit sharing.
a Scanlon plan.
incentive pay.
3. Which of the following is not a category of benefits programs?
Social insurance
Retirement Pay for time not
worked
Public group insurance
4. Workers are eligible for unemployment benefits if they:
voluntarily quit a job.
are out of work due to health reasons.
were discharged for cause.
have been working for at least one year.
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