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Compensation and Benefits Management Quiz

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PlayfulVictory
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20 Questions

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Wages/salaries are examples of indirect financial payments.

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

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

Description

Test your knowledge of compensation and benefits management in human resource management. Explore the definition of compensation and the types of compensation, including direct financial payment and indirect financial payment.

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