Question 6 Which of the following is an example of indirect compensation? hourly

Question

Question 6

Which of the following is an example of indirect compensation?

hourly wage increase

addition of accident prevention program

training new hires

increased vacation days

Question 7

A private school pays its teachers 25% more than average for the community, and offers teachers the opportunity to earn an annual bonus of up to 10% of their salary. In return, the school expects high performance from teachers and students. Despite the high pay, over 40% of first-year teachers do not return for a second year. That is higher than the 24% turnover for similar schools. Which of the following would be LEAST likely to improve teacher retention in the school?

increased benefits

a mentoring program

improving the selection process

flexible class schedules

Question 8

In zero-based budgeting, adjustments are made to the previous period budget to account for slight changes in an organization.

True

False

Question 9

Which of the following is true about a policy of promotion from within?

reduces training expense

can increase morale

tends to bring fresh ideas into the firm

increases recruitment costs

Question 10

Which of the following is a reason to increase workforce diversity?

legal compliance

improve quality and productivity

larger applicant pool

all of the above

Explanation / Answer

Question 6)

Increased vacation days.

Hourly wage increase is a direct compensation. Accident prevention program and training are employee benefits.

Increasing paid vacations is an indirect compensation.

Question 7)

Increased benefits would be least likely because, they are already being paid considerably more than the average and yet the attrition is high.

Question 8)

TRUE

Question 9)

Can increase morale

Policy of promotion within acts as a motivation factor for employees. Employee feels that company will recognize their hard work and hence it boosts the morale.

Question 10)

All of the above

Few governments have made it mandatory to diversify workforce.

With diversified workforce, talented candidates from various geographies can be recruited

Applicant pool is larger

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