Question 1

______ refer to decisions about whether to join or remain with an organization.

Accepted Answer

A) Membership behaviors 
B) Identification behaviors 
C) Organizational habits 
D) Associative habits 
E) Organizational norms 
A) Membership behaviors 
B) Identification behaviors 
C) Organizational habits 
D) Associative habits 
E) Organizational norms

Question 2

Individual-oriented plans tend to use a broader range of performance measures than do group incentive pay plans.

Accepted Answer

A) True 
 B)False

Question 3

Linking annual pay increases to performance appraisal ratings refers to incentive pay system.

Accepted Answer

A) True 
 B)False

Question 4

What are individual incentives? How are they different from merit pay?

Accepted Answer

Like merit pay, individual incentives re

Question 5

Merit pay has the ability to define and reward a broad range of performance dimensions.

Accepted Answer

A) True 
 B)False

Question 6

Which type of compensation program is most likely to attract learning-oriented employees?

Accepted Answer

A) Skill-based pay 
B) Merit pay 
C) Incentive pay 
D) Gainsharing 
E) Profit sharing 
A) Skill-based pay 
B) Merit pay 
C) Incentive pay 
D) Gainsharing 
E) Profit sharing

Question 7

Which of the following payment programs uses equity changes as the payment method?

Accepted Answer

A) Merit pay 
B) Skill-based payment 
C) Profit sharing payment 
D) Ownership payment 
E) Incentive pay 
A) Merit pay 
B) Skill-based payment 
C) Profit sharing payment 
D) Ownership payment 
E) Incentive pay

Question 8

The Securities and Exchange Commission (SEC)requires companies to report compensation levels for the five highest paid executives.

Accepted Answer

A) True 
 B)False

Question 9

A balanced scorecard helps companies track financial results while simultaneously monitoring progress in building the capabilities they would need for future growth.

Accepted Answer

A) True 
 B)False

Question 10

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.

Accepted Answer

Every pay program has its advantages and

Question 11

Which of the following is a compensation program that would support an organizational culture of cooperation and problem solving?

Accepted Answer

A) fixed pay 
B) merit pay 
C) gainsharing 
D) incentive pay 
E) skill-based pay 
A) fixed pay 
B) merit pay 
C) gainsharing 
D) incentive pay 
E) skill-based pay

Question 12

Culture based on _____ is most likely to prevail in companies that use a profit-sharing compensation program.

Accepted Answer

A) individual competition 
B) knowledge of business 
C) organizational learning 
D) problem solving orientation 
E) group competition 
A) individual competition 
B) knowledge of business 
C) organizational learning 
D) problem solving orientation 
E) group competition

Question 13

Employee Stock Ownership Plans (ESOPs)carry significant investment risks for employees.

Accepted Answer

A) True 
 B)False

Question 14

Pay and benefits are examples of intrinsic rewards.

Accepted Answer

A) True 
 B)False

Question 15

Gainsharing can motivate employees as much as individual plans do because of the:

Accepted Answer

A) controllable nature of the performance measure and the frequency of payouts. 
B) need to change and the strong commitment to organizational improvement. 
C) direct relationship with organizational success and organizational goals. 
D) relatively simplistic performance targets and large payouts. 
E) high levels of employee ownership and organizational performance-based compensation. 
A) controllable nature of the performance measure and the frequency of payouts. 
B) need to change and the strong commitment to organizational improvement. 
C) direct relationship with organizational success and organizational goals. 
D) relatively simplistic performance targets and large payouts. 
E) high levels of employee ownership and organizational performance-based compensation.

Question 16

One significant difference between gainsharing and profit-sharing plans is that gainsharing-plan payouts are generally distributed more frequently.

Accepted Answer

A) True 
 B)False

Question 17

In agency theory, the _____ seeks to direct the behavior of the _____.

Accepted Answer

A) owner; principal 
B) agent; principal 
C) buyer; agent 
D) agent; owner 
E) principal; agent 
A) owner; principal 
B) agent; principal 
C) buyer; agent 
D) agent; owner 
E) principal; agent

Question 18

Which of the following is characteristic of profit sharing programs?

Accepted Answer

A) Employers are encouraged to think like employees. 
B) Organizations feel the need to rely on layoffs during tough times. 
C) Payments do not become part of base pay in such programs. 
D) Labor costs automatically increase during difficult economic times. 
E) Employees' self-interest is encouraged when using such plans. 
A) Employers are encouraged to think like employees. 
B) Organizations feel the need to rely on layoffs during tough times. 
C) Payments do not become part of base pay in such programs. 
D) Labor costs automatically increase during difficult economic times. 
E) Employees' self-interest is encouraged when using such plans.

Question 19

Agents prefer a behavior-based contract when _____.

Accepted Answer

A) they are inclined toward risk-taking 
B) the job outcomes are measurable 
C) they require higher compensation 
D) outcome uncertainty is high 
E) they want to minimize monitoring by principal 
A) they are inclined toward risk-taking 
B) the job outcomes are measurable 
C) they require higher compensation 
D) outcome uncertainty is high 
E) they want to minimize monitoring by principal

Question 20

The bulk of executive compensation comes from restricted stock, stock options, and other forms of long-term compensation.

Accepted Answer

A) True 
 B)False

______ refer to decisions about whether to join or remain with an organization.

Individual-oriented plans tend to use a broader range of performance measures than do group incentive pay plans.

Linking annual pay increases to performance appraisal ratings refers to incentive pay system.

What are individual incentives? How are they different from merit pay?

Merit pay has the ability to define and reward a broad range of performance dimensions.

Which type of compensation program is most likely to attract learning-oriented employees?

Which of the following payment programs uses equity changes as the payment method?

The Securities and Exchange Commission (SEC)requires companies to report compensation levels for the five highest paid executives.

A balanced scorecard helps companies track financial results while simultaneously monitoring progress in building the capabilities they would need for future growth.

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.

Which of the following is a compensation program that would support an organizational culture of cooperation and problem solving?

Culture based on _____ is most likely to prevail in companies that use a profit-sharing compensation program.

Employee Stock Ownership Plans (ESOPs)carry significant investment risks for employees.

Pay and benefits are examples of intrinsic rewards.

Gainsharing can motivate employees as much as individual plans do because of the:

One significant difference between gainsharing and profit-sharing plans is that gainsharing-plan payouts are generally distributed more frequently.

In agency theory, the _ seeks to direct the behavior of the _.

Which of the following is characteristic of profit sharing programs?

Agents prefer a behavior-based contract when _____.

The bulk of executive compensation comes from restricted stock, stock options, and other forms of long-term compensation.

Human Resource Management: Gaining a Competitive Advantage

Strategic Human Resource Management

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the HRM Function

Filters

Exam 12: Recognizing Employee Contributions With Pay

______ refer to decisions about whether to join or remain with an organization.

Individual-oriented plans tend to use a broader range of performance measures than do group incentive pay plans.

Linking annual pay increases to performance appraisal ratings refers to incentive pay system.

What are individual incentives? How are they different from merit pay?

Merit pay has the ability to define and reward a broad range of performance dimensions.

Which type of compensation program is most likely to attract learning-oriented employees?

Which of the following payment programs uses equity changes as the payment method?

The Securities and Exchange Commission (SEC)requires companies to report compensation levels for the five highest paid executives.

A balanced scorecard helps companies track financial results while simultaneously monitoring progress in building the capabilities they would need for future growth.

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.

Which of the following is a compensation program that would support an organizational culture of cooperation and problem solving?

Culture based on _____ is most likely to prevail in companies that use a profit-sharing compensation program.

Employee Stock Ownership Plans (ESOPs)carry significant investment risks for employees.

Pay and benefits are examples of intrinsic rewards.

Gainsharing can motivate employees as much as individual plans do because of the:

One significant difference between gainsharing and profit-sharing plans is that gainsharing-plan payouts are generally distributed more frequently.

In agency theory, the _____ seeks to direct the behavior of the _____.

Which of the following is characteristic of profit sharing programs?

Agents prefer a behavior-based contract when _____.

The bulk of executive compensation comes from restricted stock, stock options, and other forms of long-term compensation.

Human Resource Management: Gaining a Competitive Advantage

Strategic Human Resource Management

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the HRM Function

Filters

In agency theory, the _ seeks to direct the behavior of the _.