LESSON 4 MIDTERMS Flashcards

1
Q

Includes direct cash payments, indirect payments in the form of
employees to strive for higher levels of productivity

A

Compensation

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2
Q

Maslow hierarchy of needs

A

Self-actualization
Self-esteem
Love and belonging
Safety
Physiological

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3
Q

McClelland Needs Theory

A

Need of achievement
Need of Power
Need of affiliation

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4
Q

Goal Setting Theory of Motivation, Edwin
Lock

A

Clarity
Challange
Compliment
Feedback
Task Complexity

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5
Q

Reinforcement Theory of Motivation “Law of
Effect”

A

Positive reinforcement
Negative reinforcement
Punishment
Extinction

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6
Q

Is a physiological process that begins with a need that
transforms into a goal which in turn directs an
employee behavior, the motives can be primary,
secondary or general that are derived from intrinsic
and extrinsic sources.

A

Motivation

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7
Q

Is a system that
determines how much an employee is to be paid as a wage or salary.
It indicates the rates of pay for different jobs
* It provides scope of pay progression via performance, competence,
contribution, skills or service.
* Contains pay ranges for jobs grouped into grades, individual jobs or
job families.

A

Pay structures

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8
Q

Types of pay structure

A
  • Graded structure
  • Broadband
  • Job family structures
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9
Q

is a compensation system used by organizations, particularly in the public sector and some private sector industries, to determine employees’ salaries or wages based on a predetermined set of pay grades or levels.

A

Graded structure

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10
Q

is a method of designing a compensation system in organizations that consolidates multiple salary grades or pay levels into a fewer number of broader pay bands or salary ranges

A

Broadband

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11
Q

is a compensation system used by organizations to categorize and group related jobs or positions based on similarities in skill sets, responsibilities, and job roles.

A

Job family structures

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12
Q

refers to a method of compensation or payment where an individual receives their income or compensation directly from an employer or payer, without intermediaries or third parties involved in the payment process.

A

Direct pay system

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13
Q

refers to the non-monetary rewards and benefits that employees receive from their employer in addition to their regular salary or wages.

A

Indirect compensation

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14
Q

Pay Types

A
  • Salary and Hourly
  • Commission
  • Overtime
  • Tips
  • Bonuses
  • Allowances
  • Per diem
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15
Q

is a compensation arrangement in which employees are paid a fixed, daily rate for work-related expenses incurred while they are on business travel or working away from their usual place of employment.

A

Per diem

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16
Q

additional payments or benefits provided by employers to employees on top of their regular salary or wages.

A

Allowances

17
Q

Types of incentives

A

Compensation incentives
* Recognition incentives
* Rewards incentives
* Appreciation incentives

18
Q

referred to simply as incentives, are financial or non-financial rewards that organizations offer to employees as a means of motivating them to achieve specific performance goals, enhance productivity, and align their efforts with the company’s objectives.

A

Compensation incentive

19
Q

These incentives focus on providing recognition and praise to individuals or teams, rather than offering financial rewards.

A

Recognition incentives

20
Q

a contractual worker serves a
particular company for a limited period that is anchored on a project
(project-based) or fixed term, most often not exceeding six months.

A

End of contract (ENDO)

21
Q

stands as the law governing
employment practices and labor relations in the Philippines

A

The Labor Code of the Philippines

22
Q

otherwise known as the “Wage Rationalization Act”

A

R.A. 6727

23
Q

This is a cash benefit granted to covered employees who are
involuntarily separated from employment. It is provided under
Republic Act No. 11199 or Social Security Act of 2018.

A

Unemployment benefit

24
Q

All laid-off employees covered by the SSS are qualified to avail of the
unemployment benefit. T OR F

A

TRUE

25
Q

Salary computation

A

• Basic salary
• Night shift premium
• Overtime
• 13th month

26
Q

Normal working hours

A

8 HOURS A DAY

27
Q

Payment of overtime work shall consist of an addition of at least 10% of the regular wage per hour worked or 30% thereof during holidays or rest days. TRUE OR FALSE

A

FALSE ( 25%)

28
Q

Minimum age of employment is 19 yo. T OR F

A

FALSE (18)

29
Q

Employees have a right to weekly rest period of not less than 24
consecutive hours after 6 consecutive normal work days. T OR F

A

TRUE

30
Q

Social security system

A
  • Maternity
  • Retirement
  • Sickness
  • Disability
  • Death
  • Pension benefits
31
Q

Becoming regular employees of generous companies, incremental benefits
can include mandatory pension benefits what under?

A

under RA 7641

32
Q

MOTIVATORS AND HYGIENE FACTORS

A

Herzberg Motivation-Hygiene Theory

33
Q

provides social insurance, retirement, and other benefits to employees and workers. It helps individuals save for their future financial needs.

A

Social Security System (SSS)

34
Q

It was established to provide affordable and accessible health insurance coverage to the citizens of the Philippines.

A

PhilHealth

35
Q
A