Question 1

In individual and group incentive systems,competition can result in political gamesmanship.

Accepted Answer

A) True 
 B)False  True

Question 2

_______________ incentive plans are one of the newest and fastest-growing reward strategies.

Accepted Answer

A)  Straight commission 
B)  Piecework 
C)  Small-group 
D)  Standard-hour 
A)  Straight commission 
B)  Piecework 
C)  Small-group 
D)  Standard-hour C

Question 3

Credential-base pay rests on the fact that the individual must have a diploma or license,or must pass an examination from a third-party professional or regulatory agency.

Accepted Answer

A) True 
 B)False  True

Question 4

Characteristics associated with successful gainsharing plans include all of the following except:

Accepted Answer

A)  Organizational unit of no less than 500 employees. 
B)  Stable productivity and costs for a few years. 
C)  Simple financial measures of productivity and costs. 
D)  Growing or expandable market for the firm's products or services. 
A)  Organizational unit of no less than 500 employees. 
B)  Stable productivity and costs for a few years. 
C)  Simple financial measures of productivity and costs. 
D)  Growing or expandable market for the firm's products or services.

Question 5

Most skill-based pay systems focus on white-collar or administrative jobs.

Accepted Answer

A) True 
 B)False

Question 6

________ distribute a fixed percentage of total organizational profit to employees in the form of cash bonuses or deferred bonus amounts.

Accepted Answer

A)  Fixed payment plans 
B)  ESOPS 
C)  Profit-sharing plans 
D)  InfoShare plans 
A)  Fixed payment plans 
B)  ESOPS 
C)  Profit-sharing plans 
D)  InfoShare plans

Question 7

What is a stock option?

Accepted Answer

A stock option is a right gran

Question 8

Why has executive compensation in many cases been excessive?

Accepted Answer

Executive compensation in many cases has

Question 9

Rucker plans are based on employees' involvement and suggestions.

Accepted Answer

A) True 
 B)False

Question 10

Identify at least five things that contribute to the failure of some gainsharing plans.

Accepted Answer

Any five of the following:(1)Poorly desi

Question 11

____________ pay rests on the fact that the individual must have a diploma or license or must pass one or more examinations from a third-party professional or regulatory agency.

Accepted Answer

A)  Degree-based 
B)  Credential-based 
C)  Skill-based 
D)  Job-based 
A)  Degree-based 
B)  Credential-based 
C)  Skill-based 
D)  Job-based

Question 12

A(n)_____________ is a formal method of obtaining employees' advice about improvements in organizational effectiveness;it includes some kind of reward based on the successful application of the idea.

Accepted Answer

A)  Taylor plan 
B)  suggestion system 
C)  employee contribution system 
D)  employee advice system 
A)  Taylor plan 
B)  suggestion system 
C)  employee contribution system 
D)  employee advice system

Question 13

Under the Lincoln plan,the company basically subcontracts the work to work groups.

Accepted Answer

A) True 
 B)False

Question 14

_______________ should be included when calculating variable pay.

Accepted Answer

A)  Individual incentive awards 
B)  Scheduled lump-sum awards 
C)  Team awards 
D)  All of the choices are correct. 
A)  Individual incentive awards 
B)  Scheduled lump-sum awards 
C)  Team awards 
D)  All of the choices are correct.

Question 15

Methods for paying employees on the basis of output are usually referred to as __________ forms of compensation.

Accepted Answer

A)  new 
B)  piecework 
C)  output 
D)  incentive 
A)  new 
B)  piecework 
C)  output 
D)  incentive

Question 16

Competency-based pay is a combination of all of the following except:

Accepted Answer

A)  Skill-based pay 
B)  Knowledge-based pay 
C)  Credential-based pay 
D)  Feedback pay 
A)  Skill-based pay 
B)  Knowledge-based pay 
C)  Credential-based pay 
D)  Feedback pay

Question 17

The design of a feedback pay system must conform to four principles.What are they?

Accepted Answer

The feedback system must (1)Be directly

Question 18

In the ______ approach,the employer adds to unemployment compensation payments to help the employee achieve income security

Accepted Answer

A)  GAW 
B)  SUB 
C)  COLA 
D)  "Full Wage" 
A)  GAW 
B)  SUB 
C)  COLA 
D)  "Full Wage"

Question 19

In many organizations,the employer provides an income bridge from employment to unemployment and back to employment.This is known as _______________ pay.

Accepted Answer

A)  severance 
B)  bridge 
C)  comprehensive 
D)  cross-over 
A)  severance 
B)  bridge 
C)  comprehensive 
D)  cross-over

Question 20

Suggestion systems generally do all of the following except:

Accepted Answer

A)  Improve employee relations 
B)  Foster high-quality products 
C)  Increase costs 
D)  Increase revenue 
A)  Improve employee relations 
B)  Foster high-quality products 
C)  Increase costs 
D)  Increase revenue

In individual and group incentive systems,competition can result in political gamesmanship.

_______________ incentive plans are one of the newest and fastest-growing reward strategies.

Credential-base pay rests on the fact that the individual must have a diploma or license,or must pass an examination from a third-party professional or regulatory agency.

Characteristics associated with successful gainsharing plans include all of the following except:

Most skill-based pay systems focus on white-collar or administrative jobs.

________ distribute a fixed percentage of total organizational profit to employees in the form of cash bonuses or deferred bonus amounts.

What is a stock option?

Why has executive compensation in many cases been excessive?

Rucker plans are based on employees' involvement and suggestions.

Identify at least five things that contribute to the failure of some gainsharing plans.

____________ pay rests on the fact that the individual must have a diploma or license or must pass one or more examinations from a third-party professional or regulatory agency.

A(n)_____________ is a formal method of obtaining employees' advice about improvements in organizational effectiveness;it includes some kind of reward based on the successful application of the idea.

Under the Lincoln plan,the company basically subcontracts the work to work groups.

_______________ should be included when calculating variable pay.

Methods for paying employees on the basis of output are usually referred to as __________ forms of compensation.

Competency-based pay is a combination of all of the following except:

The design of a feedback pay system must conform to four principles.What are they?

In the ______ approach,the employer adds to unemployment compensation payments to help the employee achieve income security

In many organizations,the employer provides an income bridge from employment to unemployment and back to employment.This is known as _______________ pay.

Suggestion systems generally do all of the following except:

Human Resource Management

A Strategic Management Approach to Human Resource Management

Legal Environment of Human Resource Management Equal Employment Opportunity

Global Human Resource Management

Human Resource Planning

Job Analysis and Design

Recruitment

Selecting Effective Employees

Performance Evaluation and Management

Compensation: An Overview

Employee Benefits and Services

Training and Development

Career Planning and Development

Labor Relations and Collective Bargaining

Managing Employee Discipline

Promoting Safety and Health

Filters

Exam 11: Compensation: Methods and Policies

In individual and group incentive systems,competition can result in political gamesmanship.

_______________ incentive plans are one of the newest and fastest-growing reward strategies.

Credential-base pay rests on the fact that the individual must have a diploma or license,or must pass an examination from a third-party professional or regulatory agency.

Characteristics associated with successful gainsharing plans include all of the following except:

Most skill-based pay systems focus on white-collar or administrative jobs.

________ distribute a fixed percentage of total organizational profit to employees in the form of cash bonuses or deferred bonus amounts.

What is a stock option?

Why has executive compensation in many cases been excessive?

Rucker plans are based on employees' involvement and suggestions.

Identify at least five things that contribute to the failure of some gainsharing plans.

____________ pay rests on the fact that the individual must have a diploma or license or must pass one or more examinations from a third-party professional or regulatory agency.

A(n)_____________ is a formal method of obtaining employees' advice about improvements in organizational effectiveness;it includes some kind of reward based on the successful application of the idea.

Under the Lincoln plan,the company basically subcontracts the work to work groups.

_______________ should be included when calculating variable pay.

Methods for paying employees on the basis of output are usually referred to as __________ forms of compensation.

Competency-based pay is a combination of all of the following except:

The design of a feedback pay system must conform to four principles.What are they?

In the ______ approach,the employer adds to unemployment compensation payments to help the employee achieve income security

In many organizations,the employer provides an income bridge from employment to unemployment and back to employment.This is known as _______________ pay.

Suggestion systems generally do all of the following except:

Human Resource Management

A Strategic Management Approach to Human Resource Management

Legal Environment of Human Resource Management Equal Employment Opportunity

Global Human Resource Management

Human Resource Planning

Job Analysis and Design

Recruitment

Selecting Effective Employees

Performance Evaluation and Management

Compensation: An Overview

Employee Benefits and Services

Training and Development

Career Planning and Development

Labor Relations and Collective Bargaining

Managing Employee Discipline

Promoting Safety and Health

Filters