Compensation and Benefits in Human Resource Management Quiz
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Questions and Answers

Which of the following is NOT a form of compensation according to the text?

  • Insurance coverage
  • Wages
  • Professional development opportunities (correct)
  • Paid vacation

    • What type of compensation includes rewards with no monetary value but providing satisfaction to employees?

  • Paid vacation
  • Flexible work scheduling (correct)
  • Wages
  • Incentives

    • What is a major system of payment for wages/salaries mentioned in the text?

  • Time-related system (correct)
  • Performance-based system
  • Incentive-based system
  • Piece rated system

    • What does the term 'compensation package' include according to the text?

    <p>Wages and bonuses</p> Signup and view all the answers

    What is the purpose of bonus payment?

    <p>To reward employees for good performance</p> Signup and view all the answers

    What is the maximum number of weekly working hours in Malaysia as of January 1, 2023?

    <p>45 hours</p> Signup and view all the answers

    What are the overtime rates for working on a public holiday in Malaysia?

    <p>3 times the normal hourly rate</p> Signup and view all the answers

    Which term refers to a system of working hours where the starting and stopping times are decided by individual workers within certain limitations by the employer?

    <p>Flexibands</p> Signup and view all the answers

    What is the maximum number of days for maternity leave under the new Employment Act in Malaysia?

    <p>98 days</p> Signup and view all the answers

    What is the entitlement for paternity leave in Malaysia?

    <p>7 days</p> Signup and view all the answers

    According to the Employment Act, what does Section 59 stipulate?

    <p>Rest day requirement</p> Signup and view all the answers

    What type of benefits are required by law in Malaysia?

    <p>Statutory benefits</p> Signup and view all the answers

    What is the purpose of shift work?

    <p>To provide flexibility in working hours</p> Signup and view all the answers

    What does 'flexitime' refer to?

    <p>Core hours of working time</p> Signup and view all the answers

    What is the definition of part-time working according to the Employment Act?

    <p>Less than 70% of normal hours of a full-time worker</p> Signup and view all the answers

    What type of compensation includes rewards with no monetary value but providing satisfaction to employees?

    <p>Non financial reward</p> Signup and view all the answers

    Which of the following is a major system of payment for wages/salaries mentioned in the text?

    <p>Time related systems</p> Signup and view all the answers

    What is the primary purpose of the compensation package mentioned in the text?

    <p>To offer incentives based on performance</p> Signup and view all the answers

    What does the term 'flexible work scheduling' refer to in the context of compensation and benefits?

    <p>Insurance coverage for employees</p> Signup and view all the answers

    What is the definition of paternity leave in Malaysia?

    <p>7 days of leave for the father of a child, with a limit of 5 children and irrespective of the number of spouses</p> Signup and view all the answers

    What is the maximum number of weekly working hours in Malaysia as of January 1, 2023?

    <p>45 hours</p> Signup and view all the answers

    What are the overtime rates for working on a public holiday in Malaysia?

    <p>3 times the normal hourly rate</p> Signup and view all the answers

    According to the Employment Act, what does Section 59 stipulate?

    <p>The requirement for a weekly rest day</p> Signup and view all the answers

    What is the definition of flexitime in Malaysia?

    <p>System where starting and stopping times are decided by individual workers</p> Signup and view all the answers

    Which type of benefits are statutorily required by law in Malaysia?

    <p>Maternity leave and paternity leave</p> Signup and view all the answers

    What is considered as non-statutory benefits according to the text?

    <p>$1000 financial reward for completing a project on time</p> Signup and view all the answers

    What is the purpose of shift work according to the text?

    <p>To allow workers to take turns manning workstations</p> Signup and view all the answers

    What is the maximum number of days for maternity leave under the new Employment Act in Malaysia?

    <p>$98 days</p> Signup and view all the answers

    What is considered as indirect financial payments according to the text?

    <p>Shift work</p> Signup and view all the answers

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