Compensation Management: Process & Types - Quiz & Worksheet

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which one is NOT a type of indirect compensation?

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1. Which one is NOT a type of direct compensation?

2. An exchange, usually of pay, given to an individual for services is called what?

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About This Quiz & Worksheet

Test your understanding of the compensation management process and the different types of compensation with these study tools. Quiz questions will assess the process and help you to determine how it functions.

Quiz & Worksheet Goals

These study tools will guide you to:

  • Determine a type of indirect compensation
  • Identify a type of direct compensation
  • Name the term for an exchange of pay rendered for services
  • Name the process of paying an employee

Skills Practiced

Practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on the compensation management process
  • Interpreting information - verify that you can read information regarding employee payments and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the exchange of pay

Additional Learning

Use the lesson entitled Compensation Management: Process & Types for more information on the subject. The lesson will cover the following:

  • Determine how to understand a budget
  • Assess how to place someone in charge
  • Explain how job duties are analyzed
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