Question: Indicate if the following statements are true or false. Write T for true or F for false in the space provided. (2 marks each) 1.

Indicate if the following statements are true or

Indicate if the following statements are true or false. Write "T" for true or F for false in the space provided. (2 marks each) 1. Total rewards are the legally required compensation basics that must be offered to an employee. 2. Training and development are examples of intrinsic rewards. 3. 4. Market pricing involves establishing base pay based on the average amount of pay other employers are offering for a given job. Job evaluation is one method used to determine performance pay. The first step in formulating a compensation strategy is to consider the person in the job and their level of education. 5. 6. The median is the middle value in an ordered list of values. 7. A goal sharing plan is based on key goals or organizational outcomes which are achieved in a specified period. 8. Contingent workers are not employed on a permanent full time basis. 9. Labour market constraints are relative to the ability to hire a successful candidate. 10. The minimum wage within a province is found within human rights legislation

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