Compensation and Benefits Management Quiz
20 Questions
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Compensation and Benefits Management Quiz

Created by
@PlayfulVictory

Questions and Answers

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

45 hours per week (excluding meal time)

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

3 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

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</p> Signup and view all the answers

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

<p>7 days</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.</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</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</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</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</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</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</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</p> Signup and view all the answers

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

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

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

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

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

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

Wages/salaries are examples of indirect financial payments.

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

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

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

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

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

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