Performance and reward management
Performance and Reward Management Quiz
Test your knowledge on performance and reward management with our engaging quiz! This quiz features 11 carefully crafted questions designed to evaluate your understanding of key concepts and practices in the field.
- Multiple-choice questions
- Learn about extrinsic rewards and performance management benefits
- Discover the implications of performance-linked pay
Which company applied performance and reward management ?
KPMG
MCB
Emtel
Which of the following is an extrinsic reward?
Feedback from manager
Extra bonus
Gain recognition on workplace
Performance management is
Information for management decision making- rewards, compensation, discipline, promotions
Have the employee understand and accept changes that will increase his or her performance and effectiveness.
In time of recission, high quality staffs may leave the company due to performance linked pay.
True
False
Performance linked pay and management will help in keeping absenteeism rate low and retention rate high.
Yes
No
Which of the following, concern aligning rewards with organizational strategy?
Allows regular interaction between employees and manager.
Allows financial rewards such as bonus
Allows job promotion
Allows work freedom and autonomy
Select the disadvantages of performance linked pay
High competition among employees
High retention rate
Stressful work environment
Expensive process for the organization
Do social rewards form part of strategic reward management
Yes
No
Is the fact that under performers are identified by performance management and eliminated an advantage or disadvantage ?
Advantage
Disadvantage
Is performance linked pay an expensive system ?
Yes
No
How many types of performance reward management are there ?
3
4
5
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