DP Business Management Questionbank
The following types of financial rewards: salary, wages (time and piece rates), commission, profit-related pay, performance-related pay (PRP), employee share ownership schemes, fringe payments (perks)
| Path: |
Description
[N/A]Directly related questions
-
20N.1.SL.TZ0.4c:
Explain one advantage and one disadvantage for DA of replacing the current pay system and benefits with the proposed employment package (Decision 1).
-
17M.2.SL.TZ0.3b.ii:
Calculate the financial impact on cleaners employed by Wire from the introduction of the piece rate system in 2016 (show all your working).
-
17M.2.SL.TZ0.3b.i:
Explain two disadvantages for Wire of introducing a piece rate system of wages for its cleaning staff.
-
17N.2.SL.TZ0.2a:
Describe the time rate method of paying wages.
-
18M.2.SL.TZ0.5b:
Explain one advantage and one disadvantage for CSS of introducing an employee share ownership scheme.
-
18N.1.SL.TZ0.4c:
Refer to the As Fair As case study (SL/HL paper 1 Nov 2018).
Explain one benefit and one cost to AFA of using fringe payments (perks) to financially reward staff.
-
22M.1.SL.TZ0.4a:
Define the term performance-related pay (PRP).
-
19M.1.SL.TZ0.4c:
Explain two types of financial rewards, other than salary, that RDM might offer its engineers and computer scientists.
