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Compensation and Benefits Management Quiz
20 Questions
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Compensation and Benefits Management Quiz

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Questions and Answers

What is the maximum number of weekly working hours for workers in Malaysia from 1st January 2023?

  • 40 hours per week (excluding meal time)
  • 50 hours per week (excluding meal time)
  • 45 hours per week (excluding meal time) (correct)
  • 55 hours per week (excluding meal time)

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

  • 1.5 times the normal hourly rate
  • 4 times the normal hourly rate
  • 3 times the normal hourly rate (correct)
  • 2 times the normal hourly rate

    • How many days of maternity leave is every female employee entitled to under the new Employment Act in Malaysia?

  • 98 days (correct)
  • 60 days
  • 120 days
  • 90 days

    • What is the maximum number of surviving children a female employee can have to receive maternity allowance during maternity leave in Malaysia?

    <p>5 surviving children</p> Signup and view all the answers

    How many days of paternity leave is a father entitled to in Malaysia?

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

    What is the definition of compensation in the context of human resource management?

    <p>Compensation refers to all forms of pay or rewards going to employees and arising from their employment, including direct and indirect financial payments.</p> Signup and view all the answers

    Which of the following is an example of indirect financial payment as part of the compensation package?

    <p>Paid vacation</p> Signup and view all the answers

    What is a major system of payment under direct financial payment in the context of compensation?

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

    Which of the following types of compensation provides rewards that have no monetary value but provide the same amount of satisfaction as monetary compensation?

    <p>Flexible work scheduling</p> Signup and view all the answers

    What kind of payment does individual incentive programs give to employees under direct financial payment?

    <p>Performance-based pay</p> Signup and view all the answers

    In Malaysia, the maximum number of weekly working hours for workers was reduced to 45 hours from 1st January 2023.

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

    Under the new Employment Act in Malaysia, every female employee is entitled to 98 days of maternity leave.

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

    Part time workers in Malaysia are defined as those whose working hours exceed 70% of the normal hours of a full-time worker.

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

    Flexitime in Malaysia includes terminology such as Bandwidth, Core hours, and Settlement period.

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

    Employees in Malaysia are allowed to work more than eight hours in one day as per the working hour systems.

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

    The compensation package includes wages, incentive, bonus, and rewards.

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

    Non-financial rewards given to employees provide the same amount of satisfaction as monetary compensation.

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

    Wages/salaries are examples of indirect financial payments.

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

    A major system of payment under direct financial payment is the piece-rated system.

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

    Individual incentive programs under direct financial payments give performance-based pay to individual employees.

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

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