Tutorial on Compensation & Benefit

1. Which term refers to the total of c. incentives

all rewards provided to employees d. commissions
in return for their services?
5. What form of compensation
a. benefits consists of the satisfaction that a
b. commissions person receives from the job itself
c. bonuses or from the psychological and/or
d. compensation physical environment in which the
person works?
2. Compensation is…………
a. nonfinancial compensation
a. Directly related to job satisfaction. b. direct financial compensation
b. Directly related to motivation. c. indirect financial compensation
c. Regulated totally by the federal d. total internal compensation
government.
d. The rate of pay given for the 6. Wages, salaries, bonuses, and
performance of work or provision commissions are referred to as
of services. ________.

3. ________ refers to all forms of a. financial benefits

pay or rewards going to b. direct financial compensation
employees and arising from their c. indirect financial compensation
employment. d. discretionary workplace benefits

a. Reimbursement
b. Compensation 7. Define each of the following terms:
c. Salary
d. Benefits a. Compensation:
b. Direct financial compensation:
4. Direct financial payments include
all of the following EXCEPT c. Indirect financial compensation
________.
(employee benefits):
a. wages d. Nonfinancial compensation:
b. insurance