MAKE UP QUIZ

Question 1

It is a collection of practices and procedures used for planning and distributing company - wide compensation programs for employees

Answer 1

Wage and Salary Administration

Question 2

Direct compensation received in return for direct labor blue-collar or skilled jobs/workers

Answer 2

Wages

Question 3

Paid to white collar job; paid at specified intervals; to employees whose contribution cannot be measured

Answer 3

Salary

Question 4

ACA means

Answer 4

Alternative Courses of Action

Question 5

Refers to all forms of financial returns ans tangible benefits that employees secure in exchange for their time, talents, efforts, performance and results

Answer 5

Compensation

Question 6

Additional non-cash items or services that nonetheless have financial value and therefore are sometimes referred to as indirect pay

Answer 6

Benefits and services

Question 7

Examples of benefits and services

Answer 7

1. Retirement plan
2. Health insurance
3. Subsidized meal
4. Company housing or paying for relocation
5. Discounts against goods and services provided by the company

Question 8

What are the mandated benefits

Answer 8

• SSS
• PAGIBIG
• PHILHEALTH
• 13TH MONTH PAY

Question 9

An act granting paternity leave

Answer 9

R.A 8187

Question 10

An act increasing the maternity period for 105 days

Answer 10

R.A 11210

Question 11

What is the R.A for retirement and pension

Answer 11

R.A 7641

Question 12

This is granted by the management on its generosity - a unilateral decision
Ex. Education loan, laundry allowance

Answer 12

Voluntary

Question 13

Worked out thru collective bargaining
Ex. Faculty renovation, unions

Answer 13

Negotiable benefits