Question 1

Under the Scanlon plan or Improshare program,psychological ownership can play a stronger role than financial ownership in employee performance.

Accepted Answer

A) True 
 B)False

Question 2

The operation of a merit pay plan depends on the effectiveness of the performance appraisal system.

Accepted Answer

A) True 
 B)False

Question 3

Discuss the advantages of incentive pay programs.

Accepted Answer

The advantages of incentive pay programs

Question 4

The success of the Lincoln Electric Company profit-sharing plan rests largely on:

Accepted Answer

A) contributions by employees. 
B) objective standards. 
C) comparison data between departments. 
D) economics of the review period. 
A) contributions by employees. 
B) objective standards. 
C) comparison data between departments. 
D) economics of the review period.

Question 5

When setting performance measures for incentive systems,we can say that the best measures are those that:

Accepted Answer

A) are quantitative, simple to understand, and show a clear relationship to improved performance. 
B) are qualitative, flexible, and create competition between employees. 
C) allow employers to "ratchet up" standards and base rewards on qualitative standards. 
D) reduce administrative costs, determine rewards based only on quantity, and reward only exceptional employees. 
A) are quantitative, simple to understand, and show a clear relationship to improved performance. 
B) are qualitative, flexible, and create competition between employees. 
C) allow employers to "ratchet up" standards and base rewards on qualitative standards. 
D) reduce administrative costs, determine rewards based only on quantity, and reward only exceptional employees.

Question 6

In 2011,a study by the American Psychological Association found that _____ of employees feel they receive inadequate nonmonetary awards and recognition for their contributions at work.

Accepted Answer

A) 16 percent 
B) 25 percent 
C) 34 percent 
D) 43 percent 
A) 16 percent 
B) 25 percent 
C) 34 percent 
D) 43 percent

Question 7

Employers use stock ownership incentive plans to increase employee ownership in the company.

Accepted Answer

A) True 
 B)False

Question 8

Unlike a bonus,a merit raise may be perpetuated year after year even when performance declines.

Accepted Answer

A) True 
 B)False

Under the Scanlon plan or Improshare program,psychological ownership can play a stronger role than financial ownership in employee performance.

The operation of a merit pay plan depends on the effectiveness of the performance appraisal system.

Discuss the advantages of incentive pay programs.

The success of the Lincoln Electric Company profit-sharing plan rests largely on:

When setting performance measures for incentive systems,we can say that the best measures are those that:

In 2011,a study by the American Psychological Association found that _____ of employees feel they receive inadequate nonmonetary awards and recognition for their contributions at work.

Employers use stock ownership incentive plans to increase employee ownership in the company.

Unlike a bonus,a merit raise may be perpetuated year after year even when performance declines.

The Challenge 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 and the Employee Appraisal Process

Managing Compensation

Employee Benefits

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High-Performance Work Systems

Filters

Exam 10: Pay-For-Performance: Incentive Rewards

Under the Scanlon plan or Improshare program,psychological ownership can play a stronger role than financial ownership in employee performance.

The operation of a merit pay plan depends on the effectiveness of the performance appraisal system.

Discuss the advantages of incentive pay programs.

The success of the Lincoln Electric Company profit-sharing plan rests largely on:

When setting performance measures for incentive systems,we can say that the best measures are those that:

In 2011,a study by the American Psychological Association found that _____ of employees feel they receive inadequate nonmonetary awards and recognition for their contributions at work.

Employers use stock ownership incentive plans to increase employee ownership in the company.

Unlike a bonus,a merit raise may be perpetuated year after year even when performance declines.

The Challenge 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 and the Employee Appraisal Process

Managing Compensation

Employee Benefits

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High-Performance Work Systems

Filters