Exam 7: Recognizing and Rewarding Employees

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Which benefit program is intended to help workers cope with a wide variety of problems that interfere with the way they perform their jobs?

(Multiple Choice)
4.8/5
(35)

What is a manager attempting to do by using a pay-for-performance standard?

(Multiple Choice)
4.8/5
(36)

Identify and briefly describe five different incentive plans offered to hourly and/or salaried employees.

(Essay)
4.8/5
(40)

In most Canadian provinces,health care costs are funded from general tax revenue and federal cost sharing.

(True/False)
4.8/5
(32)

What do labour-market conditions reflect?

(Multiple Choice)
4.9/5
(32)

Research has shown that employees increase output by an average of 50 percent after installation of a pay-for-performance program.

(True/False)
4.8/5
(39)

Scenario 7.1 All Season Fitness Ryan works for a small sports equipment and clothing retail store located in the southern interior of BC,All Season Fitness.He just learned that one of his coworkers,who works full time,started one year after he had started at the company is being paid 20% more than he is.He has worked for All Season Fitness for three years part-time while attending Okanagan College business program.Ryan's base pay is minimum wage.The owner of All Season Fitness compensation includes 90 % base pay and 10% individual commissions.The owner believes that rewards and recognition programs play a key role in retaining a good workforce particularly in the sports retail environment,where many of his employees make minimum wage.He provides his student employees flexible work hours and an annual school tuition scholarship of $1000. -Please refer to Scenario 7.1.What is the 10% commission pay used at All Season Fitness called?

(Multiple Choice)
4.8/5
(46)

Which of the following is an internal factor that can influence the wage mix?

(Multiple Choice)
4.9/5
(33)

Briefly describe the major government-sponsored employee benefits in Canada.

(Essay)
4.8/5
(39)

To encourage employees to receive regular dental attention and to help pay for dental-care costs,some employers have instituted dental coverage plans.

(True/False)
4.8/5
(43)

Briefly discuss the motivating value of pay equity for employees.

(Essay)
4.7/5
(41)

Wellness programs,employee assistance programs,educational assistance plans,and child and eldercare are some of the new types of services that organizations may offer to their employees.

(True/False)
5.0/5
(33)

Compensation should be tailored to the needs of the organization,not its employees.

(True/False)
5.0/5
(32)

Which type of incentive plan rewards team members when agreed-upon performance standards are met or exceeded?

(Multiple Choice)
4.8/5
(41)

What are the three types of benefits provided under the Canada/Quebec pension plan?

(Multiple Choice)
4.9/5
(30)

The point system of job evaluation permits jobs to be evaluated quantitatively based on compensable factors.

(True/False)
4.8/5
(35)

Which of the following are voluntary employee benefits?

(Multiple Choice)
4.7/5
(34)

Employee benefits represent up to 60 percent of total payroll costs of employers.

(True/False)
4.8/5
(32)

Employee benefits constitute an indirect form of compensation intended to improve the quality of the work lives and the personal lives of employees.

(True/False)
4.9/5
(42)

Scenario 7.1 All Season Fitness Ryan works for a small sports equipment and clothing retail store located in the southern interior of BC,All Season Fitness.He just learned that one of his coworkers,who works full time,started one year after he had started at the company is being paid 20% more than he is.He has worked for All Season Fitness for three years part-time while attending Okanagan College business program.Ryan's base pay is minimum wage.The owner of All Season Fitness compensation includes 90 % base pay and 10% individual commissions.The owner believes that rewards and recognition programs play a key role in retaining a good workforce particularly in the sports retail environment,where many of his employees make minimum wage.He provides his student employees flexible work hours and an annual school tuition scholarship of $1000. -Please refer to Scenario 7.1.What would be an external factor that would influence the setting of pay levels at All Season Fitness?

(Multiple Choice)
4.9/5
(45)
Showing 41 - 60 of 126
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)