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Compensation and Remuneration System Quiz
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Compensation and Remuneration System Quiz

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Questions and Answers

What is the definition of the gender wage gap?

  • The difference between men and women's salaries expressed as a percentage of women's salary
  • The difference between men and women's salaries expressed as a percentage of men's salary (correct)
  • The difference between men and women's salaries in terms of absolute value
  • The total earnings of men and women in the Euro area
  • According to Herzberg's motivational theory, what role does salary play in employee motivation?

  • It is only relevant for attracting talent, not for employee satisfaction
  • It is not a motivator but can be a demotivator (correct)
  • It is the key determinant of employee engagement
  • It is the primary motivator for employees
  • What does the term 'total compensation' include?

  • Everything the employee perceives as having value and is a result of their work relationship with the company (correct)
  • Earnings an employee receives in exchange for a professional service
  • Only the economic elements given by the company
  • Only indirect compensation provided by the company
  • What are intrinsic elements of compensation according to the total compensation model?

    <p>Elements that depend on personal perception and are not given by the company</p> Signup and view all the answers

    What is indirect compensation according to the text?

    <p>Items purchased or produced by the company for staff</p> Signup and view all the answers

    How is remuneration policy related to Herzberg's motivational theory?

    <p>It reflects Herzberg's theory by recognizing that salary is not a primary motivator</p> Signup and view all the answers

    Which type of salary serves as the starting point and is the minimum every employee has the right to?

    <p>Base salary</p> Signup and view all the answers

    What does the legal concept of salary for workers include?

    <p>Benefits and allowances</p> Signup and view all the answers

    Which type of remuneration system depends on factors determined by the company and reflects business priorities and strategy?

    <p>Variable salary</p> Signup and view all the answers

    What characteristic of the compensation policy refers to giving each person what they deserve?

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

    Which element of compensation refers to non-cash items such as company cars, health/life insurance, and gym memberships?

    <p>Remuneration in kind</p> Signup and view all the answers

    In the context of types of salary/remuneration, what is meant by 'Collective'?

    <p>Joc category, working hours, collective agreements</p> Signup and view all the answers

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