Total Rewards: Compensation and Benefits Quiz

There are 2 types of commission:

• Running

• Fixed

• Walking

• Missing

The running commission is function of three variables: revenue per hour, commission hours worked and commission rate.   

• True

• False

The commission is calculated based on the daily RPH for the managers, whereas it is based on the monthly RPH for the staff.

• True

• False

Zara’s total daily sales amount to $10,000 with a total of 48 hour store commission.

Karen, a sales associate at Zara works for a total of 8 hours during the day with a commission rate of 2%.

Calculate Karen’s commission per day.

For existing brands, the local HR manager may propose to apply the fixed commission scheme to employees working for newly opened stores based on valid reasons and justification.                          

• True

• False

The ____ ____ is paid to employees working in newly opened stores of new brands in the country for a specific period of time

• Fixed Commission

• Running Commission

• Variable Commission

• Bonus

The employee commission hours should not exceed the ceiling of 9 hours per day.

• True

• False

____ is a home-grown web-based application which automatically generates a schedule based on a labor allocation plan of 4 weeks.

• Horai

• Schedule

• LMS

• ROAD

Where applicable, the ______ shows the number of employees assigned to each zone by hour, for the selected day.

• Zone Placement

• Zoning Allocation

• Zoning Coverage

• Zone Matrix

If a Manager works for 25 weeks + takes 3 weeks unpaid leave: he will be paaid a __ weeks bonus.

• 25

• 28

• 22

• 3