Question 1

Profit sharing plans and employee stock option plans are incentives on what level?

Accepted Answer

A)  individual 
B)  group 
C)  companywide 
D)  executive

Question 2

Which of the following is true regarding group incentive plans as opposed to individual incentive plans?

Accepted Answer

A)  there are more groups in a company than individuals to measure 
B)  individual group members usually work more efficiently alone than in cohesive groups 
C)  it is easier to develop performance measures for individual incentive plans than group incentive plans 
D)  it is easier to develop performance measures for group incentive plans than individual incentive plans

Question 3

The ________ effect refers to a worker's willingness to work diligently to produce more quality output rather than simply attending work without putting in the effort.

Accepted Answer

The answer of The ________ effect refers to a worker's...

Exam 4: Incentive Pay

Profit sharing plans and employee stock option plans are incentives on what level?

Which of the following is true regarding group incentive plans as opposed to individual incentive plans?

The ________ effect refers to a worker's willingness to work diligently to produce more quality output rather than simply attending work without putting in the effort.