Compensation Systems Quiz

To provide fair payment for the work done by employees, motivate them, and enhance their job satisfaction (correct)

To provide payment for the work done by employees without considering their job satisfaction

To minimize payment for the work done by employees in order to maximize company profits

To provide excessive payment for the work done by employees, irrespective of their qualifications and skills

Stock options with a company that can be shared after a period of time

Employee benefits and services

Wages paid and variable pay such as bonuses, commissions, and stocks (correct)

Short-term compensation like sales bonuses given to employees

Employee benefits and services (correct)

Stock options with a company that can be shared after a period of time

Wages paid and variable pay such as bonuses, commissions, and stocks

Short-term compensation like sales bonuses given to employees

<p>Short-term compensation includes sales bonuses given to employees, while long-term compensation includes stock options that can be shared after a period of time</p> Signup and view all the answers

<p>Bonuses, commissions, and stocks</p> Signup and view all the answers