Question 1

______________ changed its compensation strategy as the company grew and matured?

Accepted Answer

A)  SAS 
B)  Google 
C)  Microsoft 
D)  CNET 
A)  SAS 
B)  Google 
C)  Microsoft 
D)  CNET

Question 2

18.A book listing the previous year's pay of all employees is part of Whole Foods "No-secrets" philosophy.This is an example of which strategic compensation choice?

Accepted Answer

A)  Internal alignment 
B)  External competitiveness 
C)  Employee contributions 
D)  Management 
A)  Internal alignment 
B)  External competitiveness 
C)  Employee contributions 
D)  Management

Question 3

"Choosing techniques to fit strategy" is a part of which step in developing a total compensation system?

Accepted Answer

A)  Reassess 
B)  Implement strategy 
C)  Map a total compensation strategy 
D)  Assess total compensation implications 
A)  Reassess 
B)  Implement strategy 
C)  Map a total compensation strategy 
D)  Assess total compensation implications

Question 4

Research shows that ____________can effectively shift an organization in a downward performance spiral to an upward one.

Accepted Answer

A) reinforcing performance-based pay 
B) implementing team-based pay 
C) improving work-life balance 
D) there are no compensation practices that 
A) reinforcing performance-based pay 
B) implementing team-based pay 
C) improving work-life balance 
D) there are no compensation practices that

Question 5

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

Accepted Answer

A)  assess total compensation implications 
B)  implement strategy 
C)  mapping strategy 
D)  assessing business needs 
A)  assess total compensation implications 
B)  implement strategy 
C)  mapping strategy 
D)  assessing business needs

Question 6

A compensation system that pays employees such that "some skin is in the game" means that

Accepted Answer

A)  a portion of employee pay is at risk 
B)  employers risk high labor costs 
C)  level of base pay is below competitors 
D)  base pay is low while benefits are generous 
A)  a portion of employee pay is at risk 
B)  employers risk high labor costs 
C)  level of base pay is below competitors 
D)  base pay is low while benefits are generous

Question 7

What is strategy? How is it defined?

Accepted Answer

Strategy refers to the fundame

Question 8

A major challenge in the design of future pay systems is how to better satisfy individual needs and preferences.

Accepted Answer

A) True 
 B)False

Question 9

A compensation strategy map shows which strategy is best for an organization.

Accepted Answer

A) True 
 B)False

Question 10

The role non-HR managers play in making pay decisions is called _____.

Accepted Answer

A)  ownership 
B)  transparency 
C)  technology 
D)  decentralized decision-making 
A)  ownership 
B)  transparency 
C)  technology 
D)  decentralized decision-making

Question 11

Explain AMO theory.

Accepted Answer

Boxall and Purcell find an increasingly

Question 12

Compensation strategy should reflect the organization's values.

Accepted Answer

A) True 
 B)False

Question 13

Compensation systems focusing on competitor labor costs typically follow a cost-cutter strategy.

Accepted Answer

A) True 
 B)False

Question 14

Pay systems should fit well with other HR systems.

Accepted Answer

A) True 
 B)False

Question 15

A focus on competitor's costs is most closely associated with a _____ strategy.

Accepted Answer

A)  innovator 
B)  customer-focused 
C)  cost-cutter 
D)  differentiated 
A)  innovator 
B)  customer-focused 
C)  cost-cutter 
D)  differentiated

Question 16

When organization performance declines,

Accepted Answer

A)  a virtuous circle may be created. 
B)  performance-based pay plans do not pay off. 
C)  managers will change the pay practices. 
D)  employees will work harder to improve performance. 
A)  a virtuous circle may be created. 
B)  performance-based pay plans do not pay off. 
C)  managers will change the pay practices. 
D)  employees will work harder to improve performance.

Question 17

A compensation system focusing on system control and work specifications is most closely associated with _____ strategy.

Accepted Answer

A)  global 
B)  customer-focused 
C)  cost-cutter 
D)  differentiated 
A)  global 
B)  customer-focused 
C)  cost-cutter 
D)  differentiated

Question 18

The alignment test

Accepted Answer

A)  is difficult to imitate. 
B)  is the most difficult test. 
C)  helps ensure passing the differentiation test. 
D)  becomes difficult if the differentiation test is not clear. 
A)  is difficult to imitate. 
B)  is the most difficult test. 
C)  helps ensure passing the differentiation test. 
D)  becomes difficult if the differentiation test is not clear.

Question 19

All organizations that pay their employees have a compensation strategy even though it may not be stated or written.

Accepted Answer

A) True 
 B)False

Question 20

The issue of how much and what forms of pay are our competitors using is part of which objective of total compensation strategy?

Accepted Answer

A)  Objectives 
B)  Internal alignment 
C)  External competitiveness 
D)  Management 
A)  Objectives 
B)  Internal alignment 
C)  External competitiveness 
D)  Management

______________ changed its compensation strategy as the company grew and matured?

18.A book listing the previous year's pay of all employees is part of Whole Foods "No-secrets" philosophy.This is an example of which strategic compensation choice?

"Choosing techniques to fit strategy" is a part of which step in developing a total compensation system?

Research shows that ____________can effectively shift an organization in a downward performance spiral to an upward one.

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

A compensation system that pays employees such that "some skin is in the game" means that

What is strategy? How is it defined?

A major challenge in the design of future pay systems is how to better satisfy individual needs and preferences.

A compensation strategy map shows which strategy is best for an organization.

The role non-HR managers play in making pay decisions is called _____.

Explain AMO theory.

Compensation strategy should reflect the organization's values.

Compensation systems focusing on competitor labor costs typically follow a cost-cutter strategy.

Pay systems should fit well with other HR systems.

A focus on competitor's costs is most closely associated with a _____ strategy.

When organization performance declines,

A compensation system focusing on system control and work specifications is most closely associated with _____ strategy.

The alignment test

All organizations that pay their employees have a compensation strategy even though it may not be stated or written.

The issue of how much and what forms of pay are our competitors using is part of which objective of total compensation strategy?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 2: Strategy: The Totality of Decisions

______________ changed its compensation strategy as the company grew and matured?

18.A book listing the previous year's pay of all employees is part of Whole Foods "No-secrets" philosophy.This is an example of which strategic compensation choice?

"Choosing techniques to fit strategy" is a part of which step in developing a total compensation system?

Research shows that ____________can effectively shift an organization in a downward performance spiral to an upward one.

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

A compensation system that pays employees such that "some skin is in the game" means that

What is strategy? How is it defined?

A major challenge in the design of future pay systems is how to better satisfy individual needs and preferences.

A compensation strategy map shows which strategy is best for an organization.

The role non-HR managers play in making pay decisions is called _____.

Explain AMO theory.

Compensation strategy should reflect the organization's values.

Compensation systems focusing on competitor labor costs typically follow a cost-cutter strategy.

Pay systems should fit well with other HR systems.

A focus on competitor's costs is most closely associated with a _____ strategy.

When organization performance declines,

A compensation system focusing on system control and work specifications is most closely associated with _____ strategy.

The alignment test

All organizations that pay their employees have a compensation strategy even though it may not be stated or written.

The issue of how much and what forms of pay are our competitors using is part of which objective of total compensation strategy?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters