Question 1

Competence in the Scanlon plan refers to a focus on ________.

Accepted Answer

A) cooperation 
B) corporate vision 
C) employee abilities 
D) significant improvements 
A) cooperation 
B) corporate vision 
C) employee abilities 
D) significant improvements

Question 2

The Scanlon plan includes all of the following features EXCEPT ________.

Accepted Answer

A) identity 
B) competency 
C) a philosophy of cooperation 
D) a focus on individual achievement 
A) identity 
B) competency 
C) a philosophy of cooperation 
D) a focus on individual achievement

Question 3

Employers are shifting away from piecework in many industries due to the incentive plan's poor reputation.

Accepted Answer

A) True 
 B)False

Question 4

Herzberg's Hygiene-Motivator theory is based on a needs theory.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following terms refers to the right to purchase a stated number of shares of a company stock at today's price at some time in the future?

Accepted Answer

A) at-risk variable plan 
B) multiplier method 
C) stock option 
D) gainsharing plan 
A) at-risk variable plan 
B) multiplier method 
C) stock option 
D) gainsharing plan

Question 6

All of the following are disadvantages associated with piecework plans EXCEPT that workers ________.

Accepted Answer

A) resist attempts to modify production standards 
B) focus on production quantity instead of quality 
C) view the plans as unfair and complicated 
D) dislike new technology or processes 
A) resist attempts to modify production standards 
B) focus on production quantity instead of quality 
C) view the plans as unfair and complicated 
D) dislike new technology or processes

Question 7

According to Victor Vroom, expectancy could also be referred to as the ________.

Accepted Answer

A) probability that effort will lead to success 
B) relationship between performance and reward 
C) perceived value a person attaches to a reward 
D) employer's strategy for motivating employees 
A) probability that effort will lead to success 
B) relationship between performance and reward 
C) perceived value a person attaches to a reward 
D) employer's strategy for motivating employees

Question 8

What percentage of large employers use some type of group- or team-based incentives?

Accepted Answer

A) 15% 
B) 40% 
C) 60% 
D) 85% 
A) 15% 
B) 40% 
C) 60% 
D) 85%

Question 9

Ryobi is a large, international power tool manufacturer that develops affordable, high-quality products, such as drills, circular saws, and routers, for both homeowners and craftspeople. As the company continues to grow, its top executives want to ensure that employees are appropriately paid for their performance and that financial incentives are both fair and effective. Currently, the firm provides merit raises based on performance appraisals; however, executives are considering changing the current incentive plan. Which of the following, if true, supports the argument that Ryobi should eliminate all merit raises?

Accepted Answer

A) Performance appraisals at Ryobi occur annually, and standards vary from manager to manager. 
B) Ryobi employees have the option of accepting lump-sum raises or traditional merit raises. 
C) Ryobi recently began using an enterprise incentive management system to automate compensation. 
D) The commission percentage for Ryobi salespeople is based on the ability to meet monthly quotas. 
A) Performance appraisals at Ryobi occur annually, and standards vary from manager to manager. 
B) Ryobi employees have the option of accepting lump-sum raises or traditional merit raises. 
C) Ryobi recently began using an enterprise incentive management system to automate compensation. 
D) The commission percentage for Ryobi salespeople is based on the ability to meet monthly quotas.

Question 10

________ is a program where informal manager-employee exchanges such as praise, approval, or expressions of appreciation are given for a job well done.

Accepted Answer

A) Merit pay 
B) A social recognition program 
C) Performance feedback 
D) Variable pay 
A) Merit pay 
B) A social recognition program 
C) Performance feedback 
D) Variable pay

Competence in the Scanlon plan refers to a focus on ________.

The Scanlon plan includes all of the following features EXCEPT ________.

Employers are shifting away from piecework in many industries due to the incentive plan's poor reputation.

Herzberg's Hygiene-Motivator theory is based on a needs theory.

Which of the following terms refers to the right to purchase a stated number of shares of a company stock at today's price at some time in the future?

All of the following are disadvantages associated with piecework plans EXCEPT that workers ________.

According to Victor Vroom, expectancy could also be referred to as the ________.

What percentage of large employers use some type of group- or team-based incentives?

________ is a program where informal manager-employee exchanges such as praise, approval, or expressions of appreciation are given for a job well done.

Introduction to Human Resource Management

Equal Opportunity and the Law

Human Resource Management Strategy and Analysis

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Establishing Strategic Pay Plans

Benefits and Services

Building Positive Employee Relations

Labor Relations and Collective Bargaining

Safety, Health, and Risk Management

Managing Global Human Resources

Managing Human Resources in Small and Entrepreneurial Firms

Filters

Exam 12: Pay for Performance and Financial Incentives

Competence in the Scanlon plan refers to a focus on ________.

The Scanlon plan includes all of the following features EXCEPT ________.

Employers are shifting away from piecework in many industries due to the incentive plan's poor reputation.

Herzberg's Hygiene-Motivator theory is based on a needs theory.

Which of the following terms refers to the right to purchase a stated number of shares of a company stock at today's price at some time in the future?

All of the following are disadvantages associated with piecework plans EXCEPT that workers ________.

According to Victor Vroom, expectancy could also be referred to as the ________.

What percentage of large employers use some type of group- or team-based incentives?

________ is a program where informal manager-employee exchanges such as praise, approval, or expressions of appreciation are given for a job well done.

Introduction to Human Resource Management

Equal Opportunity and the Law

Human Resource Management Strategy and Analysis

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Establishing Strategic Pay Plans

Benefits and Services

Building Positive Employee Relations

Labor Relations and Collective Bargaining

Safety, Health, and Risk Management

Managing Global Human Resources

Managing Human Resources in Small and Entrepreneurial Firms

Filters