Question 1

What type of gainsharing plan uses the formula payroll expenses divided by total sales to determine employee bonuses?

Accepted Answer

A) Scanlon 
B) Rucker 
C) Lincoln 
D) Improshare 
E) all of the above 
A) Scanlon 
B) Rucker 
C) Lincoln 
D) Improshare 
E) all of the above

Question 2

Explain the value of financial incentives as it relates to Herzberg's Hygiene -Motivator theory of motivation.

Accepted Answer

According to Herzberg, financial incenti

Question 3

The Hygiene-Motivator theory is also called the .

Accepted Answer

A) hierarchy of needs 
B) theory of extrinsic motivation 
C) two-factor theory 
D) learned needs theory 
E) equity theory 
A) hierarchy of needs 
B) theory of extrinsic motivation 
C) two-factor theory 
D) learned needs theory 
E) equity theory

Question 4

What type of profit-sharing plan involves the firm placing a predetermined portion of profits in each employee's account under a trustee's supervision?

Accepted Answer

A) cash plan 
B) Lincoln incentive system 
C) Jefferson incentive system 
D) deferred profit-sharing plan 
E) employee stock ownership plan 
A) cash plan 
B) Lincoln incentive system 
C) Jefferson incentive system 
D) deferred profit-sharing plan 
E) employee stock ownership plan

Question 5

The Scanlon plan is a type of gainsharing plan.

Accepted Answer

A) True 
 B)False

Question 6

Jamie's company is running a contest to encourage employees to work more hours than required. The employee with the most hours clocked at the end of the week wins a bonus of $400. Jamie is excited when she wins the contest by clocking 57 hours in the contest week instead of her normal 40, because it is a nice addition to the $6 per hour she makes. How much pay will Jamie earn for the week of the contest?

Accepted Answer

A) $1048 
B) $640 
C) $803 
D) $1448 
E) $240 
A) $1048 
B) $640 
C) $803 
D) $1448 
E) $240

Question 7

With the form of stock options, the exercise price is higher than the stock's closing price on the date of the grant.

Accepted Answer

A) discount priced options 
B) nonqualified stock options 
C) indexed options 
D) key employee programs 
E) premium priced options 
A) discount priced options 
B) nonqualified stock options 
C) indexed options 
D) key employee programs 
E) premium priced options

Question 8

Lump sum merit increases can be a more dramatic motivator than traditional merit pay because the amount seems greater when received as a lump sum.

Accepted Answer

A) True 
 B)False

Question 9

All of the following are advantages of team incentives except that .

Accepted Answer

A) jealousy is reduced 
B) problem solving is encouraged 
C) collaboration is encouraged 
D) worker's pay may not be proportional to his or her efforts 
E) team planning is reinforced 
A) jealousy is reduced 
B) problem solving is encouraged 
C) collaboration is encouraged 
D) worker's pay may not be proportional to his or her efforts 
E) team planning is reinforced

Question 10

A key advantage of employee stock ownership plans is that the company gets a tax advantage equal to the fair market value of the shares that are transferred to the trustee and can also claim an income tax deduction for dividends paid on ESOP-owned stock.

Accepted Answer

A) True 
 B)False

Question 11

The right to purchase a specific number of shares of company stock at a specific price during a specified period of time with a goal of buying future shares at the current price is called a.

Accepted Answer

A) at-risk variable plans 
B) gainsharing plan 
C) deferred profit-sharing plan 
D) stock option 
E) Scanlon plan 
A) at-risk variable plans 
B) gainsharing plan 
C) deferred profit-sharing plan 
D) stock option 
E) Scanlon plan

Question 12

According to the two-factor theory, a lack of challenge at a job will result in dissatisfaction.

Accepted Answer

A) True 
 B)False

Question 13

Herzberg's Hygiene-Motivator theory states that satisfaction is the direct opposite of dissatisfaction.

Accepted Answer

A) True 
 B)False

Question 14

In Vroom's theory of motivation, motivation is equal to E * I * V, where I represents .

Accepted Answer

A) instrumentality 
B) internalization 
C) imperative action 
D) intrinsic motivation 
E) none of the above 
A) instrumentality 
B) internalization 
C) imperative action 
D) intrinsic motivation 
E) none of the above

Question 15

Cash profit-sharing is an incentive plan that .

Accepted Answer

A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals 
A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals

Question 16

Who proposed a two-factor theory that explains how motivator factors relate to satisfaction and hygiene factors relate to dissatisfaction?

Accepted Answer

A) David McClelland 
B) Abraham Maslow 
C) Frederick Taylor 
D) Edward Deci 
E) Frederick Herzberg 
A) David McClelland 
B) Abraham Maslow 
C) Frederick Taylor 
D) Edward Deci 
E) Frederick Herzberg

Question 17

Herzberg's Hygiene-Motivator theory is based on Maslow's hierarchy of needs.

Accepted Answer

A) True 
 B)False

Question 18

Explain the advantages and disadvantages of using piecework as a pay plan?

Accepted Answer

Piecework plans appear equitable in prin

Question 19

Intrinsic motivation is oriented towards rewards and control.

Accepted Answer

A) True 
 B)False

Question 20

is any salary increase the firm awards to an individual employee based on his or her individual performance.

Accepted Answer

A) Variable pay 
B) Merit pay 
C) Competency-based pay 
D) Piecework 
E) Job-based pay 
A) Variable pay 
B) Merit pay 
C) Competency-based pay 
D) Piecework 
E) Job-based pay

What type of gainsharing plan uses the formula payroll expenses divided by total sales to determine employee bonuses?

Explain the value of financial incentives as it relates to Herzberg's Hygiene -Motivator theory of motivation.

The Hygiene-Motivator theory is also called the .

What type of profit-sharing plan involves the firm placing a predetermined portion of profits in each employee's account under a trustee's supervision?

The Scanlon plan is a type of gainsharing plan.

With the form of stock options, the exercise price is higher than the stock's closing price on the date of the grant.

Lump sum merit increases can be a more dramatic motivator than traditional merit pay because the amount seems greater when received as a lump sum.

All of the following are advantages of team incentives except that .

A key advantage of employee stock ownership plans is that the company gets a tax advantage equal to the fair market value of the shares that are transferred to the trustee and can also claim an income tax deduction for dividends paid on ESOP-owned stock.

The right to purchase a specific number of shares of company stock at a specific price during a specified period of time with a goal of buying future shares at the current price is called a.

According to the two-factor theory, a lack of challenge at a job will result in dissatisfaction.

Herzberg's Hygiene-Motivator theory states that satisfaction is the direct opposite of dissatisfaction.

In Vroom's theory of motivation, motivation is equal to E * I * V, where I represents .

Cash profit-sharing is an incentive plan that .

Who proposed a two-factor theory that explains how motivator factors relate to satisfaction and hygiene factors relate to dissatisfaction?

Herzberg's Hygiene-Motivator theory is based on Maslow's hierarchy of needs.

Explain the advantages and disadvantages of using piecework as a pay plan?

Intrinsic motivation is oriented towards rewards and control.

is any salary increase the firm awards to an individual employee based on his or her individual performance.

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

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Exam 12: Pay-For-Performance and Financial Incentives

What type of gainsharing plan uses the formula payroll expenses divided by total sales to determine employee bonuses?

Explain the value of financial incentives as it relates to Herzberg's Hygiene -Motivator theory of motivation.

The Hygiene-Motivator theory is also called the .

What type of profit-sharing plan involves the firm placing a predetermined portion of profits in each employee's account under a trustee's supervision?

The Scanlon plan is a type of gainsharing plan.

With the form of stock options, the exercise price is higher than the stock's closing price on the date of the grant.

Lump sum merit increases can be a more dramatic motivator than traditional merit pay because the amount seems greater when received as a lump sum.

All of the following are advantages of team incentives except that .

A key advantage of employee stock ownership plans is that the company gets a tax advantage equal to the fair market value of the shares that are transferred to the trustee and can also claim an income tax deduction for dividends paid on ESOP-owned stock.

The right to purchase a specific number of shares of company stock at a specific price during a specified period of time with a goal of buying future shares at the current price is called a.

According to the two-factor theory, a lack of challenge at a job will result in dissatisfaction.

Herzberg's Hygiene-Motivator theory states that satisfaction is the direct opposite of dissatisfaction.

In Vroom's theory of motivation, motivation is equal to E * I * V, where I represents .

Cash profit-sharing is an incentive plan that .

Who proposed a two-factor theory that explains how motivator factors relate to satisfaction and hygiene factors relate to dissatisfaction?

Herzberg's Hygiene-Motivator theory is based on Maslow's hierarchy of needs.

Explain the advantages and disadvantages of using piecework as a pay plan?

Intrinsic motivation is oriented towards rewards and control.

is any salary increase the firm awards to an individual employee based on his or her individual performance.

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

Filters