Deck 14: Performance Management, Compensation, Benefits, Payroll, and the Human

Question 1

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

A)Standards and goals
B)Short term and long term goals
C)Rewards and punishments
D)None of the above

Answer 1

A

Question 2

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 the above are accurate statements

Answer 2

D

Question 3

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

Answer 3

True

Question 4

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

A)How much should he/she be paid?
B)What type of reward will best motivate him/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 5

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

Question 6

______________is 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
B)Compensation
C)Benefits
D)None of the above

Question 7

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 8

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

A)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

Question 9

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 10

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 the above

Question 11

A ________ is best described as a retrospective system noting how an employee has performed during a previous period.

A)360 degree appraisal
B)Performance appraisal
C)Diversified appraisal
D)Fair appraisal

Question 12

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 the above

Question 13

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

A)Exempt workers only
B)Non-exempt workers only
C)Exempt and non-exempt workers
D)All full time workers

Question 14

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

Question 15

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 16

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 17

All of the following job-level data should flow to individual performance plans EXCEPT.

A)Tasks
B)Responsibilities
C)Outcomes
D)Skill sets

Question 18

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 one year.

A)Incentive pay
B)Base pay
C)Merit pay
D)Competitive pay

Question 19

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

Question 20

The most important standardized reports produced by the HRIS are:

A)Performance contracts for each employee
B)Annual summary appraisal for each employee
C)Aggregate performance data by unit
D)A and B are correct
E)All of the above

Question 21

In a merit pay system, the amount of pay increase is a function of performance level and years of experience.

Question 22

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 23

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

Question 24

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 25

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

Question 26

Briefly describe the data outflows of payroll.

Question 27

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

Question 28

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

Question 29

Compensation data is used for in house purposes only.

Question 30

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

Question 31

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

Question 32

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

Question 33

Payroll systems only need to be linked to internal data.

Question 34

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

Question 35

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

Question 36

Briefly explain why all compensation programs should be integrated.