STRATEGIC COMPENSATION IN CANADA
7TH EDITION PARBUDYAL SINGH
RICHARD LONG TEST BANK FINAL STUDY
GUIDE 2026 SOLVED QUESTIONS FULLY
CORRECT
⫸ Purpose of Compensation System Answer: To help create a
willingness among qualified persons to join the organization and to do
the things needed by the organization
⫸ Extrinsic Rewards Answer: Factors that satisfy basic human needs
for survival and security, as well as social needs and needs for
recognition
⫸ Intrinsic Rewards Answer: Factors that satisfy higher-order human
needs for self-esteem, achievement, growth, and development
⫸ Reward System Answer: The mix of intrinsic and extrinsic rewards
provided to its members by an organization
⫸ Direct & Indirect Compensation Answer: Pay for time not worked,
Protection, Base pay, Merit pay, Incentives, Cost of living programs,
Employee services adjustments
7TH EDITION PARBUDYAL SINGH
RICHARD LONG TEST BANK FINAL STUDY
GUIDE 2026 SOLVED QUESTIONS FULLY
CORRECT
⫸ Purpose of Compensation System Answer: To help create a
willingness among qualified persons to join the organization and to do
the things needed by the organization
⫸ Extrinsic Rewards Answer: Factors that satisfy basic human needs
for survival and security, as well as social needs and needs for
recognition
⫸ Intrinsic Rewards Answer: Factors that satisfy higher-order human
needs for self-esteem, achievement, growth, and development
⫸ Reward System Answer: The mix of intrinsic and extrinsic rewards
provided to its members by an organization
⫸ Direct & Indirect Compensation Answer: Pay for time not worked,
Protection, Base pay, Merit pay, Incentives, Cost of living programs,
Employee services adjustments
