DP Business Management Questionbank
2.4.7 The following types of financial rewards: Salary, Wages (time and piece rates), Commission, Performance-related pay (PRP), Profit-related pay, Employee share ownership schemes, Fringe payments
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[N/A]Directly related questions
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18M.2.SL.TZ0.5b:
Explain one advantage and one disadvantage for CSS of introducing an employee share ownership scheme.
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18M.2.SL.TZ0.5d:
With reference to Adams’s equity theory and Daniel Pink’s motivation theory, discuss Ebru’s decision to eliminate performance-related pay (PRP) (Change 2) and to allow employees to spend 20 % of their time on any project they wish (Change 3).
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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.
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19M.1.SL.TZ0.4c:
Explain two types of financial rewards, other than salary, that RDM might offer its engineers and computer scientists.
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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).