Questions and Answers
What is the Hay System primarily used for?
Employee job evaluation and compensation
Which type of equity refers to one's performance reward as compared to others?
Individual equity
What does the term 'variable pay' primarily refer to?
Direct financial compensation
What is the primary focus of HR Controlling?
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What is a one-time bonus?
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What is the purpose of a target bonus?
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What is the primary use of a piece-rate system and commission?
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What is the purpose of profit sharing?
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What is the purpose of an employee stock ownership plan?
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What is the purpose of a flexible benefits plan?
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What are the potential problems with flexible benefits plans?
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What is the purpose of offering benefits to employees?
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What is the purpose of deferred compensation?
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What is the purpose of an employee recognition system?
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What is the primary use of a piece-rate system?
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What is the purpose of an employee stock option plan?
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