Multiple choice

1.  The compensation program that would best fit in any company regardless of its organizational structure or the independence of jobs is:

 profit sharing. 

skill-based.

 merit pay.

 incentive pay. 

2.  The pay-for-performance program that does not use a bonus payment as a payment method is:

 ESOPs.

 profit sharing. 

a Scanlon plan. 

incentive pay. 

3.  Which of the following is not a category of benefits programs?

 Social insurance 

Retirement Pay for time not 

worked

 Public group insurance

4.  Workers are eligible for unemployment benefits if they: 

 voluntarily quit a job. 

are out of work due to health reasons. 

were discharged for cause. 

have been working for at least one year.