Question 1

In a "balanced" compensation system,pay is a reasonable part of the total reward package.

Accepted Answer

A) True 
 B)False

Question 2

The Rucker plan has almost the same participatory elements as the Scanlon plan,_____________.

Accepted Answer

A)  but in smaller degrees 
B)  and uses them to similar degrees 
C)  but in larger degrees 
D)  None of the above,the Rucker plan does not consider participatory elements. 
A)  but in smaller degrees 
B)  and uses them to similar degrees 
C)  but in larger degrees 
D)  None of the above,the Rucker plan does not consider participatory elements.

Question 3

Commissions paid to sales employees are a type of individual incentive.

Accepted Answer

A) True 
 B)False

Question 4

Bonus is determined by the formula Sales/Payroll in the ________ plan.

Accepted Answer

A)  Lincoln Electric plan 
B)  Scanlon 
C)  Rucker 
D)  Lincoln Electric 
A)  Lincoln Electric plan 
B)  Scanlon 
C)  Rucker 
D)  Lincoln Electric

Question 5

In many institutions and organizations,pay ranges and even an individual's pay are open to the public and fellow employees.

Accepted Answer

A)  This method is called an open system 
B)  This approach is standard in when using the Scanlon plan. 
C)  This approach is standard in the Improvement Plus Plan 
D)  Both A and B are correct. 
A)  This method is called an open system 
B)  This approach is standard in when using the Scanlon plan. 
C)  This approach is standard in the Improvement Plus Plan 
D)  Both A and B are correct.

Question 6

ESOP stands for _______________.

Accepted Answer

A)  Earned Stock Opportunity Plan 
B)  Early Stock Opportunity Plan 
C)  Employee Stock Ownership Plan 
D)  Equitable Stock Ownership Plan 
A)  Earned Stock Opportunity Plan 
B)  Early Stock Opportunity Plan 
C)  Employee Stock Ownership Plan 
D)  Equitable Stock Ownership Plan

Question 7

When are raises paid under a skill-based system?

Accepted Answer

Under the skill-based system,n

Question 8

Successful gainsharing plans are usually found in organizational units with more than 500 employees.

Accepted Answer

A) True 
 B)False

Question 9

Managers take the role of Idea coordinators in which form of gainsharing plan?

Accepted Answer

A)  Lincoln Electric 
B)  Scanlon 
C)  Rucker 
D)  InfoShare 
A)  Lincoln Electric 
B)  Scanlon 
C)  Rucker 
D)  InfoShare

Question 10

Nonexempt employees who are covered by overtime and reporting provisions of the Fair Labor Standards Act are paid _________.

Accepted Answer

A)  salaries 
B)  wages 
C)  regardless of hours worked 
D)  Both B and C are correct. 
A)  salaries 
B)  wages 
C)  regardless of hours worked 
D)  Both B and C are correct.

Question 11

What are the basic principles of the compensation system at Lincoln?

Accepted Answer

The basic compensation system at Lincoln

Question 12

Commonly used organization wide gainsharing plans include all of the following except:

Accepted Answer

A)  Lincoln Electric 
B)  Scanlon 
C)  Rucker 
D)  InfoShare 
A)  Lincoln Electric 
B)  Scanlon 
C)  Rucker 
D)  InfoShare

Question 13

The bureaucratic job-based approach used in determining pay will not be the major format used to design pay systems in the future.Instead,the new designs will be _______________ based.

Accepted Answer

A)  production 
B)  profit 
C)  people 
D)  technology 
A)  production 
B)  profit 
C)  people 
D)  technology

Question 14

Gainsharing incentive systems have proven to be exceptionally effective in enhancing organization wide teamwork.

Accepted Answer

A) True 
 B)False

Question 15

Under the Lincoln plan,all of the following are prohibited except:

Accepted Answer

A)  Paid holidays 
B)  Sick leaves 
C)  Unions 
D)  Pay for piecework 
A)  Paid holidays 
B)  Sick leaves 
C)  Unions 
D)  Pay for piecework

Question 16

All of the following are key design factors of a variable pay system except:

Accepted Answer

A)  Hidden linkage to employees' efforts 
B)  Management support 
C)  Employee acceptance 
D)  Supportive organizational culture 
A)  Hidden linkage to employees' efforts 
B)  Management support 
C)  Employee acceptance 
D)  Supportive organizational culture

Question 17

Those who are exempt from regulations of the Fair Labor Standards Act and do not receive overtime pay receive ____________.

Accepted Answer

A)  salaries 
B)  wages 
C)  per federal law,a minimum of five days of vacation after one year of service 
D)  Both B and C are correct. 
A)  salaries 
B)  wages 
C)  per federal law,a minimum of five days of vacation after one year of service 
D)  Both B and C are correct.

Question 18

Traditional gainsharing plans,like the Scanlon plan,are not designed to address many of the complex issues facing companies today.Their shortcomings include all of the following except:

Accepted Answer

A)  They require too much time and effort to administer 
B)  They have a tendency to become institutionalized 
C)  They are not flexible enough to reward "star performers" 
D)  Service-sector firms are unable to isolate or measure gains in productivity 
A)  They require too much time and effort to administer 
B)  They have a tendency to become institutionalized 
C)  They are not flexible enough to reward "star performers" 
D)  Service-sector firms are unable to isolate or measure gains in productivity

Question 19

Heneman defines ________ pay as "individual pay increases based on the rated performance of individual employees in a previous time period," or a reward based on how well an employee has done the job.

Accepted Answer

A)  merit 
B)  performance based 
C)  traditional 
D)  reward 
A)  merit 
B)  performance based 
C)  traditional 
D)  reward

Question 20

Rewarding the best performers with the largest pay is suppose to be a powerful motivator.However,this premise has two flawed assumptions.What are they?

Accepted Answer

(1)That every supervisor is a

In a "balanced" compensation system,pay is a reasonable part of the total reward package.

The Rucker plan has almost the same participatory elements as the Scanlon plan,_____________.

Commissions paid to sales employees are a type of individual incentive.

Bonus is determined by the formula Sales/Payroll in the ________ plan.

In many institutions and organizations,pay ranges and even an individual's pay are open to the public and fellow employees.

ESOP stands for _______________.

When are raises paid under a skill-based system?

Successful gainsharing plans are usually found in organizational units with more than 500 employees.

Managers take the role of Idea coordinators in which form of gainsharing plan?

Nonexempt employees who are covered by overtime and reporting provisions of the Fair Labor Standards Act are paid _________.

What are the basic principles of the compensation system at Lincoln?

Commonly used organization wide gainsharing plans include all of the following except:

The bureaucratic job-based approach used in determining pay will not be the major format used to design pay systems in the future.Instead,the new designs will be _______________ based.

Gainsharing incentive systems have proven to be exceptionally effective in enhancing organization wide teamwork.

Under the Lincoln plan,all of the following are prohibited except:

All of the following are key design factors of a variable pay system except:

Those who are exempt from regulations of the Fair Labor Standards Act and do not receive overtime pay receive ____________.

Traditional gainsharing plans,like the Scanlon plan,are not designed to address many of the complex issues facing companies today.Their shortcomings include all of the following except:

Heneman defines ________ pay as "individual pay increases based on the rated performance of individual employees in a previous time period," or a reward based on how well an employee has done the job.

Rewarding the best performers with the largest pay is suppose to be a powerful motivator.However,this premise has two flawed assumptions.What are they?

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

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Exam 11: Compensation: Methods and Policies

In a "balanced" compensation system,pay is a reasonable part of the total reward package.

The Rucker plan has almost the same participatory elements as the Scanlon plan,_____________.

Commissions paid to sales employees are a type of individual incentive.

Bonus is determined by the formula Sales/Payroll in the ________ plan.

In many institutions and organizations,pay ranges and even an individual's pay are open to the public and fellow employees.

ESOP stands for _______________.

When are raises paid under a skill-based system?

Successful gainsharing plans are usually found in organizational units with more than 500 employees.

Managers take the role of Idea coordinators in which form of gainsharing plan?

Nonexempt employees who are covered by overtime and reporting provisions of the Fair Labor Standards Act are paid _________.

What are the basic principles of the compensation system at Lincoln?

Commonly used organization wide gainsharing plans include all of the following except:

The bureaucratic job-based approach used in determining pay will not be the major format used to design pay systems in the future.Instead,the new designs will be _______________ based.

Gainsharing incentive systems have proven to be exceptionally effective in enhancing organization wide teamwork.

Under the Lincoln plan,all of the following are prohibited except:

All of the following are key design factors of a variable pay system except:

Those who are exempt from regulations of the Fair Labor Standards Act and do not receive overtime pay receive ____________.

Traditional gainsharing plans,like the Scanlon plan,are not designed to address many of the complex issues facing companies today.Their shortcomings include all of the following except:

Heneman defines ________ pay as "individual pay increases based on the rated performance of individual employees in a previous time period," or a reward based on how well an employee has done the job.

Rewarding the best performers with the largest pay is suppose to be a powerful motivator.However,this premise has two flawed assumptions.What are they?

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