Question: What factors do compensation professionals consider when determining compensation levels? A. Compensable factors B. Skills C. Effort D. Background 2. What is a legally required

What factors do compensation professionals consider when determining compensation levels?

A. Compensable factors

B. Skills

C. Effort

D. Background

2. What is a legally required benefit?

A. Incentive Pay

B. Merit Pay

C. Workers Compensation

D. Sick Pay

3. What is a type of bonus that an Executive might receive?

A. Predetermined allocation

B. Incentive

C. Merit Pay

D. Annual

4. What is a type of company wide incentive?

A. Discretionary benefits

B. Medical Benefits

C. Profit Sharing

D. Unemployment Insurance

5. Deferred compensation in an executive contract is used to create?

A. Sense of ownership

B. Increased motivation

C. Sense of teamwork

D. increase profits.

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