Quiz on Benefits and Rewards

What are wages defined as?

• Statutorily required benefits

• Additional incentives tied to performance

• Regular cash payments for labor

• Non-wage compensation

Which of the following is NOT a type of benefit?

• Mandatory compensation

• Non-financial

• Financial

• Statutorily required

What is a key reason employers provide benefits?

• To comply with tax regulations

• To simplify wage payments

• To attract and retain staff

• To reduce operational costs

Which act requires employers to provide certain benefits?

• Employees' Provident Fund Act

• Employment Act 1955

• Employees' Social Security Act 1969

• ALL

How many days of annual leave are employees entitled to after more than five years of service?

• 20 days

• 12 days

• 16 days

• 8 days

What is the purpose of the Employees' Provident Fund Act?

• To provide medical benefits

• To ensure workers have sufficient funds upon retirement

• To offer unemployment benefits

• To regulate workplace safety

What type of benefits are provided under the Employees' Social Security Act?

• Health care benefits

• Educational assistance

• Retirement benefits

• Compensation for workplace accidents

Which of the following is a non-statutory benefit?

• Maternity protection

• Annual leave

• Sick leave

• Health care

What is a common type of financial reward?

• Salary increases

• Performance awards

• Letters of appreciation

• Sponsorship to seminars

What is the role of managers in delivering rewards?

• To manage payroll

• To conduct employee surveys

• To recognize deserving employees directly

• To design the benefits scheme