Deck 12: Performance Management, Compensation, Benefits, Payroll, and HRIS

Question 1

In what way(s)do benefits differ from compensation?

A) The employee usually pays all or part of the cost of most benefits.
B) Government regulations make benefit offerings very rigid, leaving organizations with little flexibility.
C) Benefits are relatively easy to administer.
D) Legal requirements for benefits programs are relatively relaxed.

Answer 1

A

Question 2

The set of performance measures,with ______ and ______,becomes the performance "contract" for the period.

A) standards; goals
B) short-term; long-term goals
C) rewards; punishments
D) none of these

Answer 2

A

Question 3

Job evaluation is a rating or ranking system designed to create an internal hierarchy of job value.

Answer 3

True

Question 4

Which of the following best describes the inputs for performance management systems?

A) individual data
B) individual data and job data
C) job data and organizational data
D) individual data, job data, and organizational data

Question 5

The most important standardized reports produced by the HRIS are ______.

A) performance contracts for each employee
B) annual summary appraisals for each employee
C) aggregate performance data by unit
D) performance contracts for each employee and annual summary appraisals for each employee

Question 6

Retention awards are continuous annual awards for staying with the organization.

Question 7

Flex plan is a benefits plan in which an employee can then purchase additional coverage or benefits at cost.

Question 8

Incentive pay can be either short or long term,depending on the purpose of the incentive.

Question 9

Examples of ______ as a form of compensation include club memberships,first-class travel,and executive dining rooms.

A) retention awards
B) perquisites
C) short-term incentives
D) recognition awards

Question 10

______ the transactional process through which compensation is transferred to employees and federal,state,and local income and payroll taxes are withheld from employees' checks.

A) Payroll is
B) Compensation is
C) Benefits are
D) none of these

Question 11

A goal of long-term ______ is to align the interests of employees with those of shareholders and to motivate aligned performance over periods of more than 1 year.

A) incentive pay
B) base pay
C) merit pay
D) competitive pay

Question 12

Websites with salary data are very accurate at giving the market rate of most jobs.

Question 13

Which of the following statements about performance planning is NOT accurate?

A) Performance dimensions, measures, and standards are unique to each position.
B) Attempts should be made to develop common standards for employees with identical job titles.
C) For each performance dimension, the manager must develop specific outcomes and behaviors that will be used to measure the direct report's performance.
D) All of these are accurate statements.

Question 14

For benefits reporting,the most common required report is the annual benefits report to employees for tax-qualified plans under ______.

A) FLMA
B) EEO
C) FLSA
D) ERISA

Question 15

Performance management is connected to which of the following other areas of talent management?

A) recruiting (external)
B) staffing (internal)
C) career management
D) all of these

Question 16

Employers must pay ______ for time worked in excess of 40 hours a week at an overtime rate of 1.5 times the normal pay.

A) exempt workers only
B) nonexempt workers only
C) exempt and nonexempt workers
D) all full-time workers

Question 17

In support of the performance management process,what serves as a basis for performance planning for the next period while providing data for a variety of HR decisions,including rewards,staffing,training,and other decisions affecting the employee's relationship with the organization?

A) performance planning
B) performance observations
C) periodic performance summaries
D) none of these

Question 18

The major rewards decision that has to be made about every employee is,

A) How much should he or she be paid?
B) What type of reward will best motivate him or her?
C) Is the reward system fair for the level of individual performance?
D) Is the reward system equitable among employees holding similar positions?

Question 19

For each performance dimension being evaluated,a manager should develop specific outcomes and behaviors that will be used to measure the direct report's performance.

Question 20

Which of the following provides regulations regarding executive pay?

A) ERISA
B) Sarbanes-Oxley
C) TARP
D) EEO

Question 21

Payroll systems only need to be linked to internal data.

Question 22

Web-based services can offer decision support to employees deciding what levels of coverage to sign up for.

Question 23

When performance is below standard or below the goal set by the direct report,corrective feedback is used.

Question 24

Briefly describe the data outflows of payroll.

Question 25

"Employee of the Month" is an example of a recognition award.

Question 26

Compensation data is collected in house for benchmarking.

Question 27

Briefly describe the differing components that make up total compensation for an employee?

Question 28

Briefly explain why all compensation programs should be integrated.

Question 29

Employers of nonexempt employees must pay them at least minimum wage,pay overtime of one and one-half base pay rate for every hour worked in 1 week in excess of 40 hours,keep track of hours worked,and file reports with the U.S.Labor Department demonstrating compliance.

Question 30

Please explain the significance of the Fair Labor Standards Act (FLSA)for compensation programs.

Question 31

Discuss how a manager might make sure that the performance plan for each of her direct reports was driven by organizational strategy and the business plan.How can information systems support this goal?

Question 32

A perquisite is a reward based on job status (e.g.preferential parking).

Question 33

The performance management process consists of three parts: performance planning,performance observation,and providing positive feedback and/or corrective feedback.

Question 34

Describe what is included in an annual compensation report.

Question 35

What are the different sets of benefit programs that are common in U.S.companies? Please list and explain the purpose of each set of benefit programs.Be sure to give examples of each.

Question 36

There are HRIS benefits modules with different purposes,and each requires a different type of data input.Briefly describe the four sets of functions and what type of data input is needed.