Question 1

Stock ownership plans:

Accepted Answer

A) make employees part owners of the organization. 
B) are intended to encourage employees to focus on the success of the organization as a whole. 
C) may not have a strong effect on individuals' motivation. 
D) usually take the form of stock options or employee stock ownership plans. 
E) all of the choices are correct. 
A) make employees part owners of the organization. 
B) are intended to encourage employees to focus on the success of the organization as a whole. 
C) may not have a strong effect on individuals' motivation. 
D) usually take the form of stock options or employee stock ownership plans. 
E) all of the choices are correct.

Question 2

Profit sharing involves awarding pay:

Accepted Answer

A) that becomes part of employees' base pay,in a manner similar to merit pay. 
B) in order to discourage employees from thinking like owners. 
C) that is a percentage of the organization's profits. 
D) based on individual performance. 
E) all of the abovE. 
A) that becomes part of employees' base pay,in a manner similar to merit pay. 
B) in order to discourage employees from thinking like owners. 
C) that is a percentage of the organization's profits. 
D) based on individual performance. 
E) all of the abovE.

Question 3

Pay structures are developed based on which of the following?

Accepted Answer

A) Legal requirements 
B) Market forces 
C) Organization's goals 
D) All of the above. 
E) "b" and "c" only. 
A) Legal requirements 
B) Market forces 
C) Organization's goals 
D) All of the above. 
E) "b" and "c" only.

Question 4

Managers play a significant role in communicating total rewards to employees.

Accepted Answer

A) True 
 B)False

Question 5

Gainsharing is a type of organizational incentive.

Accepted Answer

A) True 
 B)False

Question 6

Reducing the number of pay ranges in the organization's job structure is called:

Accepted Answer

A) red-circling. 
B) broadbanding. 
C) green-circling. 
D) job evaluation. 
E) none of the abovE. 
A) red-circling. 
B) broadbanding. 
C) green-circling. 
D) job evaluation. 
E) none of the abovE.

Question 7

Which of the following is NOT an emerging benefit expected to be one of the most popular over the next few years?

Accepted Answer

A) Flexible work hours 
B) Flexible benefits 
C) Subsidized fitness membership 
D) Time off for community and charitable activities 
E) Sick leave 
A) Flexible work hours 
B) Flexible benefits 
C) Subsidized fitness membership 
D) Time off for community and charitable activities 
E) Sick leave

Question 8

Which of the following is a way to communicate total rewards information to employees?

Accepted Answer

A) Question-and-answer meetings 
B) Online total rewards statements 
C) Intranet pages 
D) Brochures 
E) All of the choices are correct. 
A) Question-and-answer meetings 
B) Online total rewards statements 
C) Intranet pages 
D) Brochures 
E) All of the choices are correct.

Question 9

How do employee stock ownership plans (ESOPs)differ from stock option plans?

Accepted Answer

Both encourage employees to focus on the

Question 10

Identify and discuss three of the five popular approaches to pay for individual performance.

Accepted Answer

Organizations may reward individual perf

Question 11

Which of the following statements about employee benefits is FALSE?

Accepted Answer

A) Benefits contribute to attracting,retaining,and motivating employees. 
B) The variety of available benefits also helps employers tailor their offerings to the kinds of employees they need. 
C) A large employer without health and retirement benefits would have difficulty competing in the labour market. 
D) Benefits are expected by many of today's employees. 
E) Actually,all of the statements are truE. 
A) Benefits contribute to attracting,retaining,and motivating employees. 
B) The variety of available benefits also helps employers tailor their offerings to the kinds of employees they need. 
C) A large employer without health and retirement benefits would have difficulty competing in the labour market. 
D) Benefits are expected by many of today's employees. 
E) Actually,all of the statements are truE.

Question 12

.This is an example of:

Accepted Answer

A) piecework rate. 
B) a commission plan. 
C) gainsharing. 
D) straight salary plan. 
E) standard hour plan. 
A) piecework rate. 
B) a commission plan. 
C) gainsharing. 
D) straight salary plan. 
E) standard hour plan.

Question 13

Under profit sharing,employees are more likely to cooperate and less likely to focus on narrow self-interest.

Accepted Answer

A) True 
 B)False

Question 14

Employment Insurance (EI)is federally mandated program.

Accepted Answer

A) True 
 B)False

Question 15

Employees have come to expect that benefits will help them maintain:

Accepted Answer

A) financial freedom. 
B) job satisfaction. 
C) equity and fairness. 
D) economic security. 
E) none of the abovE. 
A) financial freedom. 
B) job satisfaction. 
C) equity and fairness. 
D) economic security. 
E) none of the abovE.

Question 16

Incentive pay is also referred to as:

Accepted Answer

A) piecework rate. 
B) market rate. 
C) variable pay. 
D) pay for performance. 
E) both "c" and "d". 
A) piecework rate. 
B) market rate. 
C) variable pay. 
D) pay for performance. 
E) both "c" and "d".

Question 17

A defined ____________ plan offers a guaranteed level of retirement income.

Accepted Answer

A) contribution 
B) non-contributory 
C) benefit 
D) retirement 
E) spending 
A) contribution 
B) non-contributory 
C) benefit 
D) retirement 
E) spending

Question 18

Job structure consists of the _________ for different jobs within the organization.

Accepted Answer

A) relative pay 
B) fixed pay 
C) incentive plans 
D) pay levels 
E) base pay 
A) relative pay 
B) fixed pay 
C) incentive plans 
D) pay levels 
E) base pay

Question 19

Many organizations group jobs into sets of jobs having similar worth or content called:

Accepted Answer

A) pay grades. 
B) hourly rates. 
C) pay policy groups. 
D) pay ranges. 
E) broadbands. 
A) pay grades. 
B) hourly rates. 
C) pay policy groups. 
D) pay ranges. 
E) broadbands.

Question 20

Job evaluation provides the basis for decisions about the relative internal worth of jobs in an organization.

Accepted Answer

A) True 
 B)False

Stock ownership plans:

Profit sharing involves awarding pay:

Pay structures are developed based on which of the following?

Managers play a significant role in communicating total rewards to employees.

Gainsharing is a type of organizational incentive.

Reducing the number of pay ranges in the organization's job structure is called:

Which of the following is NOT an emerging benefit expected to be one of the most popular over the next few years?

Which of the following is a way to communicate total rewards information to employees?

How do employee stock ownership plans (ESOPs)differ from stock option plans?

Identify and discuss three of the five popular approaches to pay for individual performance.

Which of the following statements about employee benefits is FALSE?

.This is an example of:

Under profit sharing,employees are more likely to cooperate and less likely to focus on narrow self-interest.

Employment Insurance (EI)is federally mandated program.

Employees have come to expect that benefits will help them maintain:

Incentive pay is also referred to as:

A defined ____________ plan offers a guaranteed level of retirement income.

Job structure consists of the _________ for different jobs within the organization.

Many organizations group jobs into sets of jobs having similar worth or content called:

Job evaluation provides the basis for decisions about the relative internal worth of jobs in an organization.

Strategies, Trends, and Challenges in Human Resource Management

The Legal Context for Hrm and Creating Safe and Healthy Workplaces

Analyzing Work and Designing Jobs

Planning for and Recruiting Human Resources

Selecting Employees

Training, Learning, and Development

Managing Employees Performance

Collective Bargaining and Labour Relations

Managing Human Resources Globally

Creating and Sustaining Hig

Filters

Exam 8: Total Rewards

Stock ownership plans:

Profit sharing involves awarding pay:

Pay structures are developed based on which of the following?

Managers play a significant role in communicating total rewards to employees.

Gainsharing is a type of organizational incentive.

Reducing the number of pay ranges in the organization's job structure is called:

Which of the following is NOT an emerging benefit expected to be one of the most popular over the next few years?

Which of the following is a way to communicate total rewards information to employees?

How do employee stock ownership plans (ESOPs)differ from stock option plans?

Identify and discuss three of the five popular approaches to pay for individual performance.

Which of the following statements about employee benefits is FALSE?

.This is an example of:

Under profit sharing,employees are more likely to cooperate and less likely to focus on narrow self-interest.

Employment Insurance (EI)is federally mandated program.

Employees have come to expect that benefits will help them maintain:

Incentive pay is also referred to as:

A defined ____________ plan offers a guaranteed level of retirement income.

Job structure consists of the _________ for different jobs within the organization.

Many organizations group jobs into sets of jobs having similar worth or content called:

Job evaluation provides the basis for decisions about the relative internal worth of jobs in an organization.

Strategies, Trends, and Challenges in Human Resource Management

The Legal Context for Hrm and Creating Safe and Healthy Workplaces

Analyzing Work and Designing Jobs

Planning for and Recruiting Human Resources

Selecting Employees

Training, Learning, and Development

Managing Employees Performance

Collective Bargaining and Labour Relations

Managing Human Resources Globally

Creating and Sustaining Hig

Filters