Exam 12: Recognizing Employee Contributions With Pay

Which of the following incentive plans would enable its employees to think like owners,taking a broad view of what they need to do in order to make the organization more effective?

(Multiple Choice)

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Question 21

Which of the following types of incentive plans are specifically designed to promote group performance?

(Multiple Choice)

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Question 22

The decisions about merit pay are based on two factors: the individual's performance rating and the individual's:

(Multiple Choice)

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Question 23

What are group bonuses and team awards? What are their advantages and disadvantages?

(Essay)

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Question 24

What are the different types of piecework rates? Explain each of them.

(Essay)

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Question 25

Linking incentives to the organization's profits or stock price exposes employees to a high degree of risk.

(True/False)

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Question 26

An incentive system in which an organization links pay increases to ratings on performance appraisals is referred to as:

(Multiple Choice)

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Question 27

In 2003,a company employee received an option to purchase the company's stock at $45 per share.If the stock is trading at $40 a share in 2005,the employee will most likely:

(Multiple Choice)

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Question 28

Straight commission plans:

(Multiple Choice)

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Question 29

By law,what is the minimum percentage of assets that an ESOP must invest in its company's stock?

(Multiple Choice)

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Question 30

_____ provides a method for rewarding performance in all of the dimensions measured in the organization's performance management system.

(Multiple Choice)

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Question 31

Standard hour plans are likely to succeed if:

(Multiple Choice)

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Question 32

Which of the following is true of a balanced scorecard?

(Multiple Choice)

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Question 33

How can gainsharing be successful as a form of group incentive?

(Essay)

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Question 34

A balanced scorecard is a combination of performance measures directed toward the company's long- and short-term goals.

(True/False)

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Question 35

How do employee stock ownership plans differ from stock options?

(Essay)

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Question 36

Identify the disadvantage of using profit sharing plans.

(Multiple Choice)

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Question 37

What should employees do to earn bonuses under the Scanlon plan?

(Multiple Choice)

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Question 38

An organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard.This incentive plan is referred to as:

(Multiple Choice)

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Question 39

The _____ has required companies to more clearly report executive compensation levels and the company's performance relative to that of competitors.

(Multiple Choice)

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Question 40

Showing 21 - 40 of 102

Which of the following incentive plans would enable its employees to think like owners,taking a broad view of what they need to do in order to make the organization more effective?

Which of the following types of incentive plans are specifically designed to promote group performance?

The decisions about merit pay are based on two factors: the individual's performance rating and the individual's:

What are group bonuses and team awards? What are their advantages and disadvantages?

What are the different types of piecework rates? Explain each of them.

Linking incentives to the organization's profits or stock price exposes employees to a high degree of risk.

An incentive system in which an organization links pay increases to ratings on performance appraisals is referred to as:

In 2003,a company employee received an option to purchase the company's stock at $45 per share.If the stock is trading at $40 a share in 2005,the employee will most likely:

Straight commission plans:

By law,what is the minimum percentage of assets that an ESOP must invest in its company's stock?

_____ provides a method for rewarding performance in all of the dimensions measured in the organization's performance management system.

Standard hour plans are likely to succeed if:

Which of the following is true of a balanced scorecard?

How can gainsharing be successful as a form of group incentive?

A balanced scorecard is a combination of performance measures directed toward the company's long- and short-term goals.

How do employee stock ownership plans differ from stock options?

Identify the disadvantage of using profit sharing plans.

What should employees do to earn bonuses under the Scanlon plan?

An organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard.This incentive plan is referred to as:

The _____ has required companies to more clearly report executive compensation levels and the company's performance relative to that of competitors.

Managing Human Resources

Trends in Human Resource Management

Providing Equal Employment Opportunity and a Safe Workplace

Analyzing Work and Designing Jobs

Planning for and Recruiting Human Resources

Selecting Employees and Placing Them in Jobs

Training Employees

Managing Employees Performance

Developing Employees for Future Success

Separating and Retaining Employees

Establishing a Pay Structure

Providing Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Creating and Maintaining High-Performance Organizations

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