Fayol's Remuneration Principle: Definition & Explanation

Instructions:

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

question 1 of 3

What does remunerate mean?

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1. Why is Henri Fayol important to the concept of remuneration?

2. Why did Fayol feel that remuneration was an important managerial concept?

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About This Quiz & Worksheet

This quiz/worksheet pair will gauge your knowledge of Fayol's remuneration principle. Key topics on the quiz include the definition of remuneration and the the theorist credited with the remuneration principle.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review:

  • What remunerate means
  • Theorist credited with the remuneration principle
  • Reasons remuneration is important
  • Fayol's facility that opened in 1917
  • Purposes of the facility

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related management lesson
  • Interpreting information - verify you can review information regarding the reasons remuneration is important and interpret it correctly
  • Knowledge application - use your knowledge to identify the definition of remuneration

Additional Learning

To learn more about why most of us go to work, review the corresponding lesson titled Fayol's Remuneration Principle: Definition & Explanation. This lesson will help you:

  • Define the remuneration principle
  • Understand why Henri Fayol began his work on management
  • Identify when and where Fayol introduced his fourteen principles of management
  • Describe what Fayol believed in regards to compensation of work
  • Appreciate Fayol's legacy in today's world
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