Exam 2: Strategy: The Totality of Decisions

Comparisons on the forms of compensation used by other companies are part of _____.

Issues of transparency,technology,and choice are most closely associated with the _____ aspect of mapping a total compensation strategy.

Research shows that _____ will effectively shift an organization in a downward performance spiral to an upward one.

A compensation strategy should reflect an organization's values.

Research on the effects of pay level shows that how employees are paid has no effect on the performance of the employees.

In a high-performance system,pay strategy always plays a lead role.

An organization defines its strategy through the tradeoffs it makes in choosing what to do and what not to do.

Explain AMO theory.

Research investigating high-performance workplaces found that performance-based pay _____ when combined with other high-performance practices.

Although three separate compensation strategies may be identified,many companies use a combination of all three.

Strategy refers to the fundamental direction that an organization chooses.

In a virtuous circle,a pay-for-performance strategy results in the improvement of performance.

When organization performance declines

Most organizations rely upon the market to determine how to pay their employees as compensation strategy is uncertain and complex.

Based on the opinions of 10,000 U.S.workers,Hudson found that when given their choice of unconventional benefits,most employees would select _____.