Exam 4: Organizational Context: Reward Systems

The motivational effect of the group incentive plans,on a day-to-day performance basis,may be very large.

With the increased use of teams,pay is being linked to professional employees who are being organized into all of the following types of teams EXCEPT:

_____ are a special type of benefit program that focuses on keeping employees from becoming physically and/or mentally ill.

When may an organization find it difficult to hire and retain many of their personnel?

Apart from social security,another major category of traditional benefits consists of life-cycle benefits.

The Old Age Survivors and Disability Insurance Program provides limited income to retired people to supplement all of the following EXCEPT:

List the important symbolic attributes associated with money.

Which of the following is NOT a characteristic or method of paying out a profit sharing group incentive plan?

Which of the following approach rewards competencies of the employees such as those related to the international business context,social skills etc?

List and describe five of the new pay approaches discussed in the text.

One of the disadvantages of a merit pay is that the criteria for determining merit are often nebulous since organizations do not clearly mention the conditions for earning the pay.

Which of the following factors have led many companies to institute a combination payment plan where the individual receives a guaranteed amount of money,regardless of how the person performs?

Which among the following is a potentially powerful,and importantly,much less expensive form of organizational reward systems?

Which of the following approach includes an employee-satisfaction measure to recognize a manager's people-management skills?

Groups such as the National Association for Employee Recognition have concluded that human resource professionals and managers have realized the importance of recognition in motivating employees to achieve goals.

Which of the following covers individuals who suffer from job-related illness or accidents?

The compensation theory seeks to explain how managers differ from owners in using pay and other forms of compensation to effectively run the organization.

Explain the employee stock ownership plan or ESOP.

In the social cognitive theory,the reward consequences play an important role in organizational behavior.

The pay package of several CEOs of large companies are not reflected in their performance.To counter this,a growing number of corporate shareholders have proposed resolutions that tie a CEO's pay to a multiple of the _____ pay.