Financial payment for work completed or service performance.
The award of being head of charge in a certain department in the business.
Question 3
Question
Piece rate means the method of paying staff according to how many pieces of work they produce.
Answer
True
False
Question 4
Question
Wages are a financial way of motivation.
Answer
True
False
Question 5
Question
What does commission mean?
Answer
A method used to pay staff once they have either made or sold something.
When a worker is paid for the hard work they have done during the week.
Question 6
Question
Fringe Benefits are when a business rewards its staff with something of financial value.
Answer
True
False
Question 7
Question
An example of a fringe benefit is
Answer
A gym membership.
Free trips to different countries.
Question 8
Question
Promotion is a other way of financial motivation, if staff how there is possibility of promotion to a higher level of work, they may be more likely to perform ti their best ability.
Answer
True
False
Question 9
Question
What does Job Enrichment mean?
Answer
When a workers role in the company changes to get more motivated.
When a business tries to make a job more demanding and less boring in order to litigate staff.
Question 10
Question
Is job enrichment financial or non-financial?
Answer
Non-financial.
Financial.
Question 11
Question
What does Job Rotation mean?
Answer
When staff keep on changing roles in a job so they don't get bored.
When the worker is given the change to get days of from from.