Question 1

The bonus system is designed to encourage employees to focus on long-term performance.

Accepted Answer

A) True 
 B)False

Question 2

Match each item with the correct statement below.
-Benefits plan that allows employees choose the benefits that meet their personal needs.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 3

Paid holidays are an example of an employee benefit.

Accepted Answer

A) True 
 B)False

Question 4

A variation of the combination plan that links employee rewards to the achievement of important department or company goals is the use of

Accepted Answer

A)  health insurance 
B)  employee benefits 
C)  bonuses 
D)  promotions

Question 5

Job skills training would include

Accepted Answer

A)  time management 
B)  sales and customer service 
C)  safe working procedures 
D)  English as a second language

Question 6

Match each item with the correct statement below.
-The process of assessing how well employees are doing their jobs.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 7

Piece-rate plans can be applied not only to factory workers but to telemarketers, data-entry workers, and others.

Accepted Answer

A) True 
 B)False

Question 8

Minimum wage laws are considered a social as well as economic policy.

Accepted Answer

A) True 
 B)False

Question 9

Match each item with the correct statement below.
-Compensation plan that pays a percentage of the volume of sales for which an employee is responsible.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 10

Managers should conduct formal performance reviews of all employees at least

Accepted Answer

A)  weekly 
B)  when the employee requests it 
C)  once or twice a year 
D)  monthly

Exam 24: Rewarding and Developing Employees

The bonus system is designed to encourage employees to focus on long-term performance.

Match each item with the correct statement below. -Benefits plan that allows employees choose the benefits that meet their personal needs.

Paid holidays are an example of an employee benefit.

A variation of the combination plan that links employee rewards to the achievement of important department or company goals is the use of

Job skills training would include

Match each item with the correct statement below. -The process of assessing how well employees are doing their jobs.

Piece-rate plans can be applied not only to factory workers but to telemarketers, data-entry workers, and others.

Minimum wage laws are considered a social as well as economic policy.

Match each item with the correct statement below. -Compensation plan that pays a percentage of the volume of sales for which an employee is responsible.

Managers should conduct formal performance reviews of all employees at least