Test on Employee Remuneration and Wage Systems
Employee Remuneration and Wage Systems: A Student Guide
Wages
20 questions
Question 1: In a progressive task wage system, the unit wage rate is increased in proportion to the level of achievement of performance standards.
A. Yes
B. No
Explanation: The study materials state that progressive task wage is dependent on the level of achievement of performance standards, meaning the more a standard is exceeded, the higher the unit wage rate, which is increased in proportion to the level of achievement of the standard.
Question 2: Compensation for inactive standby duty outside the workplace is calculated at a minimum rate of 25% of the average hourly wage.
A. Yes
B. No
Explanation: According to the study materials, standby duty outside the workplace (inactive) is compensated at a minimum of 20% of the minimum wage per hour, not 25% of the average hourly wage.
Question 3: A successful and effective remuneration system must be stable and ensure that differences in remuneration are based on differences in job requirements and value of an employee’s work.
A. Yes
B. No
Explanation: One of the principles of a successful and effective remuneration system is that the 'system must be stable and ensure that differences in remuneration are based on differences in job requirements and value of employee ´ s work'.
Question 4: Is it considered an advantage of the task wage system that it mitigates the risk of faster wearing out of business assets?
A. Yes
B. No
Explanation: The study materials explicitly state that a disadvantage of the task wage system is the 'risk of faster wearing out of business assets', indicating it does not mitigate but rather carries this risk.
Question 5: Time wage is typically applied in situations where it is necessary to actively support higher performance of employees.
A. Yes
B. No
Explanation: The study materials indicate that time wage is applied when it is not effective to support above-average performance, with quality and accuracy being more important than quantity and speed. In contrast, supporting higher performance of employees is a condition for using a task wage.