Club Membership
Provident Fund
Medical Allowance
Group Insurance
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Geographical Location
Performance
Seniority
Overtime
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HRA
Medical Reimbursement
Medical Assistance
Bonus
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Legal compliance with all appropriate laws and regulations
Cost-effectiveness for the organisation
Internal, external and individual equity for employees
All of the above
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Incentives
Group Pay
Performance Pay
Both 2 and 3
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Designing & Implementing
Planning & Implementing
Designing & Paying
None of the above
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Base Pay & Benefits
Base & Variable Pay
Variable Pay & Benefits
All of the above
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Variable Pay
Salaries
Base Pay
Wages
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To increase or maintain morale
To determine basic wage and salary
To improve the performance
To reward the job performance
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Minimum Wages
Real Wages
Living Wages
None of the above
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Base Salary
Short-term Incentive Plan
Long-term Incentive Plan
None of the above
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COBRA
Severance Pay
Unemployment Compensation
Supplemental Pay
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Payment of Wages Act
Equal Remuneration Act
Davis-Bacon Act
Fair Labor Standards Act
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Social Security Benefits
Short-term Incentive Pay
Differential Pay
Merit Pay
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Social Security
Unemployment Compensation
Workers’ Compensation
All of the above
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Expectancy Theory
Equity Theory
Agency Theory
None of the above
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Person Oriented
Job Oriented
Tenure Oriented
Evaluation Oriented
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Point Method
Job Classification
Job Grading
Aligned Reward Strategy
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Traditional Approach
Combined Approach
Cafeteria Approach
Rationalized Approach
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