Question 1

Robert Katz popularized the use of financial incentives for workers whose production exceeds some predetermined standard.

Accepted Answer

A) True 
 B)False  False

Question 2

Common stock is the most common payment form used in gainsharing plans.

Accepted Answer

A) True 
 B)False  False

Question 3

Frederick Taylor referred to the tendency of employees to work at the slowest pace possible and to produce at the minimum acceptable level as .

Accepted Answer

A) group shift 
B) systematic soldiering 
C) social loafing 
D) human nature 
E) group norms 
A) group shift 
B) systematic soldiering 
C) social loafing 
D) human nature 
E) group norms B

Question 4

Commission plans pay salespeople for prospecting and sales results.

Accepted Answer

A) True 
 B)False

Question 5

Under the Fair Labor Standards Act, which bonus below would not be included in overtime pay computations?

Accepted Answer

A) bonus promised to new hires 
B) Christmas bonus 
C) bonus provided for in a union contract 
D) bonus announced to induce employees to work more 
E) all of the above would be included 
A) bonus promised to new hires 
B) Christmas bonus 
C) bonus provided for in a union contract 
D) bonus announced to induce employees to work more 
E) all of the above would be included

Question 6

Explain the advantages of employee stock ownership plans.

Accepted Answer

The company that offers the ESOP receive

Question 7

Competence in the Scanlon plan refers to a focus on .

Accepted Answer

A) improvement suggestions from employees 
B) sharing benefits that result from improvement suggestions 
C) the clear articulation of the company mission and vision 
D) a high level of competence from employees at all levels 
E) a philosophy of cooperation 
A) improvement suggestions from employees 
B) sharing benefits that result from improvement suggestions 
C) the clear articulation of the company mission and vision 
D) a high level of competence from employees at all levels 
E) a philosophy of cooperation

Question 8

Companywide plans in which a corporation contributes shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees are called .

Accepted Answer

A) cash plans 
B) Lincoln incentive systems 
C) Jefferson incentive systems 
D) deferred profit-sharing plans 
E) employee stock ownership plans 
A) cash plans 
B) Lincoln incentive systems 
C) Jefferson incentive systems 
D) deferred profit-sharing plans 
E) employee stock ownership plans

Question 9

Instrumentality in Vroom's theory of motivation refers to the .

Accepted Answer

A) perceived value a person attaches to a reward 
B) degree of optimism a person has 
C) perceived relationship between successful performance and obtaining a desired reward 
D) luck associated with each person 
E) probability that effort will lead to success 
A) perceived value a person attaches to a reward 
B) degree of optimism a person has 
C) perceived relationship between successful performance and obtaining a desired reward 
D) luck associated with each person 
E) probability that effort will lead to success

Question 10

Expectancy could also be referred to as the .

Accepted Answer

A) perceived value a person attaches to a reward 
B) degree of optimism a person has 
C) perceived relationship between successful performance and obtaining a desired reward 
D) luck associated with each person 
E) probability that effort will lead to success 
A) perceived value a person attaches to a reward 
B) degree of optimism a person has 
C) perceived relationship between successful performance and obtaining a desired reward 
D) luck associated with each person 
E) probability that effort will lead to success

Question 11

The chronic problem with stock options is that firms have traditionally used them to reward managers for even lackluster performance.

Accepted Answer

A) True 
 B)False

Question 12

Deferred profit-sharing is an incentive plan that .

Accepted Answer

A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm distributing total annual profits each year among employees based on their merit rating 
A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm distributing total annual profits each year among employees based on their merit rating

Question 13

Research suggests that ESOPs discourage employees from developing a sense of ownership in and commitment to the firm.

Accepted Answer

A) True 
 B)False

Question 14

Which component in Vroom's theory of motivation emphasizes that people won't pursue rewards they find unattractive?

Accepted Answer

A) intrinsic motivation 
B) valence 
C) expectancy 
D) probability 
E) instrumentality 
A) intrinsic motivation 
B) valence 
C) expectancy 
D) probability 
E) instrumentality

Question 15

With the form of stock options, the option is to purchase stock at a stated price, usually the fair market value at the time of the grant.

Accepted Answer

A) premium priced options 
B) key employee programs 
C) discount priced options 
D) indexed options 
E) nonqualified stock options 
A) premium priced options 
B) key employee programs 
C) discount priced options 
D) indexed options 
E) nonqualified stock options

Question 16

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Accepted Answer

A) annually 
B) weekly 
C) monthly 
D) bi-annually 
E) quarterly 
A) annually 
B) weekly 
C) monthly 
D) bi-annually 
E) quarterly

Question 17

Who distinguished between intrinsic motivation and extrinsic motivation?

Accepted Answer

A) Frederick Herzberg 
B) Abraham Maslow 
C) Edward Deci 
D) David McClelland 
E) Frederick Taylor 
A) Frederick Herzberg 
B) Abraham Maslow 
C) Edward Deci 
D) David McClelland 
E) Frederick Taylor

Question 18

The standard hour plan is like the piece rate plan except instead of getting a rate per piece, the employee gets a premium equal to the percent by which his or her performance exceeds the standard.

Accepted Answer

A) True 
 B)False

Question 19

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Accepted Answer

A) True 
 B)False

Question 20

Herzberg's Hygiene-Motivator theory of motivation suggests that intrinsic factors like cause satisfaction.

Accepted Answer

A) friendships at work 
B) pay 
C) working conditions 
D) achievement 
E) incentive pay 
A) friendships at work 
B) pay 
C) working conditions 
D) achievement 
E) incentive pay

Robert Katz popularized the use of financial incentives for workers whose production exceeds some predetermined standard.

Common stock is the most common payment form used in gainsharing plans.

Frederick Taylor referred to the tendency of employees to work at the slowest pace possible and to produce at the minimum acceptable level as .

Commission plans pay salespeople for prospecting and sales results.

Under the Fair Labor Standards Act, which bonus below would not be included in overtime pay computations?

Explain the advantages of employee stock ownership plans.

Competence in the Scanlon plan refers to a focus on .

Companywide plans in which a corporation contributes shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees are called .

Instrumentality in Vroom's theory of motivation refers to the .

Expectancy could also be referred to as the .

The chronic problem with stock options is that firms have traditionally used them to reward managers for even lackluster performance.

Deferred profit-sharing is an incentive plan that .

Research suggests that ESOPs discourage employees from developing a sense of ownership in and commitment to the firm.

Which component in Vroom's theory of motivation emphasizes that people won't pursue rewards they find unattractive?

With the form of stock options, the option is to purchase stock at a stated price, usually the fair market value at the time of the grant.

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Who distinguished between intrinsic motivation and extrinsic motivation?

The standard hour plan is like the piece rate plan except instead of getting a rate per piece, the employee gets a premium equal to the percent by which his or her performance exceeds the standard.

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Herzberg's Hygiene-Motivator theory of motivation suggests that intrinsic factors like cause satisfaction.

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

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Exam 12: Pay-For-Performance and Financial Incentives

Robert Katz popularized the use of financial incentives for workers whose production exceeds some predetermined standard.

Common stock is the most common payment form used in gainsharing plans.

Frederick Taylor referred to the tendency of employees to work at the slowest pace possible and to produce at the minimum acceptable level as .

Commission plans pay salespeople for prospecting and sales results.

Under the Fair Labor Standards Act, which bonus below would not be included in overtime pay computations?

Explain the advantages of employee stock ownership plans.

Competence in the Scanlon plan refers to a focus on .

Companywide plans in which a corporation contributes shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees are called .

Instrumentality in Vroom's theory of motivation refers to the .

Expectancy could also be referred to as the .

The chronic problem with stock options is that firms have traditionally used them to reward managers for even lackluster performance.

Deferred profit-sharing is an incentive plan that .

Research suggests that ESOPs discourage employees from developing a sense of ownership in and commitment to the firm.

Which component in Vroom's theory of motivation emphasizes that people won't pursue rewards they find unattractive?

With the form of stock options, the option is to purchase stock at a stated price, usually the fair market value at the time of the grant.

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Who distinguished between intrinsic motivation and extrinsic motivation?

The standard hour plan is like the piece rate plan except instead of getting a rate per piece, the employee gets a premium equal to the percent by which his or her performance exceeds the standard.

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Herzberg's Hygiene-Motivator theory of motivation suggests that intrinsic factors like cause satisfaction.

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

Filters