Question 1

Motivator factors affect a continuum that ranges from .

Accepted Answer

A) dissatisfaction to no dissatisfaction 
B) satisfaction to no satisfaction 
C) dissatisfaction to satisfaction 
D) no dissatisfaction to no satisfaction 
E) none of the above 
A) dissatisfaction to no dissatisfaction 
B) satisfaction to no satisfaction 
C) dissatisfaction to satisfaction 
D) no dissatisfaction to no satisfaction 
E) none of the above

Question 2

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive.

Accepted Answer

A) True 
 B)False

Question 3

is a team or group incentive plan that ties pay to some measure of a firm's overall profitability.

Accepted Answer

A) Competency-based pay 
B) Pay for performance 
C) Variable pay 
D) Intermittent pay 
E) Profitability-based pay 
A) Competency-based pay 
B) Pay for performance 
C) Variable pay 
D) Intermittent pay 
E) Profitability-based pay

Question 4

Plans that put some portion of the employee's weekly pay at risk to encourage goal attainment are called pay plans.

Accepted Answer

A) Improshare 
B) Rucker 
C) Scanlon 
D) at-risk variable 
E) Lincoln 
A) Improshare 
B) Rucker 
C) Scanlon 
D) at-risk variable 
E) Lincoln

Question 5

The second step in implementing a gainsharing plan is to .

Accepted Answer

A) choose specific performance measures 
B) decide how often to pay bonuses 
C) develop an involvement system 
D) decide on a funding formula 
E) establish general plan objectives 
A) choose specific performance measures 
B) decide how often to pay bonuses 
C) develop an involvement system 
D) decide on a funding formula 
E) establish general plan objectives

Question 6

The first step in implementing a gainsharing plan is to .

Accepted Answer

A) decide on a funding formula 
B) choose specific performance measures 
C) develop an involvement system 
D) establish general plan objectives 
E) decide how often to pay bonuses 
A) decide on a funding formula 
B) choose specific performance measures 
C) develop an involvement system 
D) establish general plan objectives 
E) decide how often to pay bonuses

Question 7

A(n)plan is an incentive plan that 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.

Accepted Answer

A) variable pay 
B) gainsharing 
C) Lincoln incentive 
D) Scanlon 
E) ESOP 
A) variable pay 
B) gainsharing 
C) Lincoln incentive 
D) Scanlon 
E) ESOP

Question 8

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Accepted Answer

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

Question 9

Which profit-sharing plan provides tax advantages for employees by deferring income taxes, often until the employee retires?

Accepted Answer

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

Question 10

The Scanlon plan includes all of the following features except .

Accepted Answer

A) a sharing of benefits formula 
B) an emphasis on individual achievement 
C) an involvement system 
D) a philosophy of cooperation 
E) identity 
A) a sharing of benefits formula 
B) an emphasis on individual achievement 
C) an involvement system 
D) a philosophy of cooperation 
E) identity

Question 11

With a , the firm usually awards shares without cost to the executive so that the employee can sell the stock but is restricted from do so for a set period of time.

Accepted Answer

A) nonqualified stock options 
B) stock appreciation rights 
C) performance achievement plans 
D) Phantom stock plans 
E) restricted stock plans 
A) nonqualified stock options 
B) stock appreciation rights 
C) performance achievement plans 
D) Phantom stock plans 
E) restricted stock plans

Question 12

Employers may award merit pay as traditional merit increases that increase an employee's base pay or as a lump sum merit raise. Explain the pros and cons of these two choices.

Accepted Answer

Traditional merit increases are cumulati

Question 13

Some suggest that expressing an incentive in percentages, as in a standard hour plan, increases the workers' tendency to link their production standard to pay.

Accepted Answer

A) True 
 B)False

Question 14

How often do most firms computer labor productivity measures used in gainsharing plans?

Accepted Answer

A) annually 
B) monthly 
C) quarterly 
D) weekly 
E) B and C 
A) annually 
B) monthly 
C) quarterly 
D) weekly 
E) B and C

Question 15

award shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share.

Accepted Answer

A) Nonqualified stock options 
B) Stock appreciation rights 
C) Performance achievement plans 
D) Phantom stock plans 
E) Restricted stock plans 
A) Nonqualified stock options 
B) Stock appreciation rights 
C) Performance achievement plans 
D) Phantom stock plans 
E) Restricted stock plans

Question 16

The Scanlon plan is an incentive plan that .

Accepted Answer

A) involves the firm distributing total annual profits each year among employees based on their merit rating 
B) focuses on the sharing of benefits between employer and employees 
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) 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 
E) provides tax advantages for employees by deferring income taxes, often until the employee retires 
A) involves the firm distributing total annual profits each year among employees based on their merit rating 
B) focuses on the sharing of benefits between employer and employees 
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) 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 
E) provides tax advantages for employees by deferring income taxes, often until the employee retires

Question 17

People tend to react similarly to incentives.

Accepted Answer

A) True 
 B)False

Question 18

In Herzberg's Hygiene-Motivator theory, hygiene factors refer to extrinsic motivators and motivators refer to intrinsic sources of motivation.

Accepted Answer

A) True 
 B)False

Question 19

Behavior modification is also known as .

Accepted Answer

A) expectancy theory 
B) reinforcement theory 
C) hygiene-motivator theory 
D) attribution theory 
E) leader-member exchange 
A) expectancy theory 
B) reinforcement theory 
C) hygiene-motivator theory 
D) attribution theory 
E) leader-member exchange

Question 20

permit the recipient to exercise the stock option or to take any appreciation in the stock price in cash, stock, or some combination of these.

Accepted Answer

A) Nonqualified stock options 
B) Stock appreciation rights 
C) Performance achievement plans 
D) Phantom stock plans 
E) Restricted stock plans 
A) Nonqualified stock options 
B) Stock appreciation rights 
C) Performance achievement plans 
D) Phantom stock plans 
E) Restricted stock plans

Motivator factors affect a continuum that ranges from .

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive.

is a team or group incentive plan that ties pay to some measure of a firm's overall profitability.

Plans that put some portion of the employee's weekly pay at risk to encourage goal attainment are called pay plans.

The second step in implementing a gainsharing plan is to .

The first step in implementing a gainsharing plan is to .

A(n)plan is an incentive plan that 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.

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Which profit-sharing plan provides tax advantages for employees by deferring income taxes, often until the employee retires?

The Scanlon plan includes all of the following features except .

With a , the firm usually awards shares without cost to the executive so that the employee can sell the stock but is restricted from do so for a set period of time.

Employers may award merit pay as traditional merit increases that increase an employee's base pay or as a lump sum merit raise. Explain the pros and cons of these two choices.

Some suggest that expressing an incentive in percentages, as in a standard hour plan, increases the workers' tendency to link their production standard to pay.

How often do most firms computer labor productivity measures used in gainsharing plans?

award shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share.

The Scanlon plan is an incentive plan that .

People tend to react similarly to incentives.

In Herzberg's Hygiene-Motivator theory, hygiene factors refer to extrinsic motivators and motivators refer to intrinsic sources of motivation.

Behavior modification is also known as .

permit the recipient to exercise the stock option or to take any appreciation in the stock price in cash, stock, or some combination of these.

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

Exam 12: Pay-For-Performance and Financial Incentives

Motivator factors affect a continuum that ranges from .

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive.

is a team or group incentive plan that ties pay to some measure of a firm's overall profitability.

Plans that put some portion of the employee's weekly pay at risk to encourage goal attainment are called pay plans.

The second step in implementing a gainsharing plan is to .

The first step in implementing a gainsharing plan is to .

A(n)plan is an incentive plan that 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.

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Which profit-sharing plan provides tax advantages for employees by deferring income taxes, often until the employee retires?

The Scanlon plan includes all of the following features except .

With a , the firm usually awards shares without cost to the executive so that the employee can sell the stock but is restricted from do so for a set period of time.

Employers may award merit pay as traditional merit increases that increase an employee's base pay or as a lump sum merit raise. Explain the pros and cons of these two choices.

Some suggest that expressing an incentive in percentages, as in a standard hour plan, increases the workers' tendency to link their production standard to pay.

How often do most firms computer labor productivity measures used in gainsharing plans?

award shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share.

The Scanlon plan is an incentive plan that .

People tend to react similarly to incentives.

In Herzberg's Hygiene-Motivator theory, hygiene factors refer to extrinsic motivators and motivators refer to intrinsic sources of motivation.

Behavior modification is also known as .

permit the recipient to exercise the stock option or to take any appreciation in the stock price in cash, stock, or some combination of these.

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