Exam 7: Motivation: Goal Setting and Reward Programs

Skill-based pay programs are limited by the "topping out" effect.

Profit-sharing programs differ from skill-based pay programs in that the former share company profits with employees,while the latter are based on the number and level of job-related skills that an employee has learned.

In Learning from Experience: Enterprise Rent-A-Car,all Enterprise employees start with a low base salary and earn a(n)______.

______ are links that join challenge and performance.

PPG industries,a Pittsburgh-based paint and glass manufacturer,developed "SMART" goals.The "A" aspect of these goals means attainable.

A company's flexible benefit plan costs about ____ of its employee total compensation package.

According to the Change Competency: Nucor's Profit-Sharing Program,bonuses are paid based on:

Evaluate the four popular reward systems used to motivate employees from the standpoint of their likely contribution to profitability in an organization.Be sure to clarify any assumptions that you make in developing your answer.

Organizations in various countries utilize different reward programs.

In Learning from Experience: Enterprise Rent-A-Car,Enterprise has a problem with higher than average turnover.

Four popular reward systems that organizations use to motivate employees are: gain-sharing programs,profit-sharing programs,skill-based pay,and flexible benefits.

Limitations of a flexible benefit plan include all of the following except:

Describe flexible benefit plans and discuss which types of benefits would be important to you in your first job after college and which will be important to you 20 years from graduation.

The relation of goal difficulty to performance is linear.

In high power distance cultures,rewards are based on one's level within the managerial hierarchy.