Exam 10: Pay-For-Performance: Incentive Rewards

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A worker at Robix paid under a straight piecework rate made $12.75 an hour this week. If each unit took the employee twelve minutes to produce, the piece rate is __________ per unit.

(Multiple Choice)

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Question 121

Standard hour plans are based on specific production standards set for individual jobs.

(True/False)

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Question 122

The philosophy behind the Scanlon plan is that

(Multiple Choice)

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Question 123

Major advantages of piecework systems are that the wage payment is simple to compute, and an organization can predict labor costs with reasonable accuracy.

(True/False)

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Question 124

Employees on the T13 production line at Robix are paid a set rate for each unit produced. They are working under the __________ incentive plan.

(Multiple Choice)

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Question 125

When the team developing the XLR at Robix brought it in under budget, team members received a bonus. The amount each individual received varied based on their role in cutting development costs. In this situation, the team bonus was paid out in proportion to their relative contribution to the team.

(True/False)

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Question 126

Employers use stock ownership incentive plans to give employees a share in the company's success.

(True/False)

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Question 127

The percentage of cash compensation paid out in commissions is called a draw.

(True/False)

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Question 128

Showing 121 - 128 of 128

A worker at Robix paid under a straight piecework rate made $12.75 an hour this week. If each unit took the employee twelve minutes to produce, the piece rate is __________ per unit.

Standard hour plans are based on specific production standards set for individual jobs.

The philosophy behind the Scanlon plan is that

Major advantages of piecework systems are that the wage payment is simple to compute, and an organization can predict labor costs with reasonable accuracy.

Employees on the T13 production line at Robix are paid a set rate for each unit produced. They are working under the __________ incentive plan.

When the team developing the XLR at Robix brought it in under budget, team members received a bonus. The amount each individual received varied based on their role in cutting development costs. In this situation, the team bonus was paid out in proportion to their relative contribution to the team.

Employers use stock ownership incentive plans to give employees a share in the company's success.

The percentage of cash compensation paid out in commissions is called a draw.

The Rewards and Challenges of Human Resources Management

Strategy and Human Resources Planning

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management

Managing Compensation

Employee Benefits

Promoting Safety and Health

Employees Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Implementing HR Strategy: High-Performance Work Systems

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