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 (C)</p> Signup and view all the answers

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

<p>7 days (C)</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. (A)</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 (D)</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 (B)</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 (C)</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 (B)</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 (A)</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 (A)</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 (B)</p> Signup and view all the answers

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

<p>True (A)</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 (B)</p> Signup and view all the answers

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

<p>True (A)</p> Signup and view all the answers

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

<p>True (A)</p> Signup and view all the answers

Wages/salaries are examples of indirect financial payments.

<p>False (B)</p> Signup and view all the answers

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

<p>True (A)</p> Signup and view all the answers

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

<p>True (A)</p> Signup and view all the answers

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