Question 1

Nonfinancial payments like health and life insurance, pensions, time off with pay, and child care facilities are examples of ________.

Accepted Answer

A)  variable pay 
B)  competency-based incentives 
C)  benefits 
D)  salary 
A)  variable pay 
B)  competency-based incentives 
C)  benefits 
D)  salary

Question 2

What type of profit-sharing plan involves the awarded shares of stock as part of the incentive plan?

Accepted Answer

A)  cash plan 
B)  Lincoln incentive system 
C)  Jefferson incentive system 
D)  ESOP 
A)  cash plan 
B)  Lincoln incentive system 
C)  Jefferson incentive system 
D)  ESOP

Question 3

An employee stock ownership plan is an incentive plan that ________.

Accepted Answer

A)  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 
B)  focuses on the sharing of benefits between employer and employees 
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)  involves the firm distributing total annual profits each year among employees based on their merit rating 
A)  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 
B)  focuses on the sharing of benefits between employer and employees 
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)  involves the firm distributing total annual profits each year among employees based on their merit rating

Question 4

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

Accepted Answer

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

Question 5

Which health benefit listed below is offered by almost all employers?

Accepted Answer

A)  mental health insurance 
B)  chiropractic insurance 
C)  medical care insurance 
D)  wellness program 
A)  mental health insurance 
B)  chiropractic insurance 
C)  medical care insurance 
D)  wellness program

Question 6

The Equal Pay Act focuses on three compensable factors-know-how, problem solving, and accountability.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is not one of the compensable factors emphasized in the Equal Pay Act?

Accepted Answer

A)  skills 
B)  effort 
C)  accountability 
D)  responsibility 
A)  skills 
B)  effort 
C)  accountability 
D)  responsibility

Question 8

Women affected by pregnancy and childbirth are eligible for the same benefits as disabled employees.

Accepted Answer

A) True 
 B)False

Nonfinancial payments like health and life insurance, pensions, time off with pay, and child care facilities are examples of ________.

What type of profit-sharing plan involves the awarded shares of stock as part of the incentive plan?

An employee stock ownership plan is an incentive plan that ________.

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

Which health benefit listed below is offered by almost all employers?

The Equal Pay Act focuses on three compensable factors-know-how, problem solving, and accountability.

Which of the following is not one of the compensable factors emphasized in the Equal Pay Act?

Women affected by pregnancy and childbirth are eligible for the same benefits as disabled employees.

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Personnel Planning and Recruiting

Testing and Selecting Employees

Training and Developing Employees

Performance Management and Appraisal

Ethics and Fair Treatment in Human Resource Management

Managing Labor Relations and Collective Bargaining

Protecting Safety and Health

Filters

Exam 7: Compensating Employees

Nonfinancial payments like health and life insurance, pensions, time off with pay, and child care facilities are examples of ________.

What type of profit-sharing plan involves the awarded shares of stock as part of the incentive plan?

An employee stock ownership plan is an incentive plan that ________.

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

Which health benefit listed below is offered by almost all employers?

The Equal Pay Act focuses on three compensable factors-know-how, problem solving, and accountability.

Which of the following is not one of the compensable factors emphasized in the Equal Pay Act?

Women affected by pregnancy and childbirth are eligible for the same benefits as disabled employees.

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Personnel Planning and Recruiting

Testing and Selecting Employees

Training and Developing Employees

Performance Management and Appraisal

Ethics and Fair Treatment in Human Resource Management

Managing Labor Relations and Collective Bargaining

Protecting Safety and Health

Filters