Compensation and Benefits in Human Resource Management Quiz

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

Professional development opportunities

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

Flexible work scheduling

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

Time-related 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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