Exam 10: Pay-For-Performance Plans

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Which of the following is not an advantage of team incentives?

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C

The authors argue that for merit pay to live up to its potential,all of the following should be done except _________

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A

An advantage of group incentives is turnover may be higher among poorer performers because they hurt group performance.

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False

Discuss SVOP.

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If you had repair work done on your car,the compensation system the shop uses to pay the mechanics is most likely the ________ plan.

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The trend in recent variable-pay design is to combine the best of _____ and _____ plans.

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The Rowan plan uses a standard that is purposefully set high requiring high performance levels.

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Labor costs are to value added as pay roll costs are to:

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The standard hour plan is likely to be an effective incentive plan for plumbers employed by a plumbing company.

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Advantages of the balanced scorecard are that it is easily understood by employees and has low administrative costs.

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Hoarding star performers,reluctance to accept new team members and resistance to transferring team members are examples of which team-related compensation problem?

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A common problem with incentive systems is workers focus primarily on behaviors and results that are rewarded.

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Unions prefer individual to group incentive pay plans since members can earn more money.

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Surveys show the most popular type of variable pay plan is ____________

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The two most commonly used team incentive performance standards are:

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The common feature to all types of incentive plans is:

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Variable pay as a percent of payroll is __ percent.

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Paying a dime for every bottle collected and turned into a collection center is an example of:

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Components identified as vital to the success of both Scanlon and Rucker plans are:

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High performance ratings are nearly always statistically related to high merit increases.

(True/False)
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