Question 1

As a strategy to increase productivity,employee engagement,and better customer service,organizations are paying higher than competitors' wages.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is the LEAST relevant characteristic of an effective incentive plan?

Accepted Answer

A)  Incentives are based on industry standards. 
B)  Rewards are attractive to targeted employees. 
C)  Incentives are linked to effort and performance. 
D)  Goals are specific, achievable, and challenging. 
A)  Incentives are based on industry standards. 
B)  Rewards are attractive to targeted employees. 
C)  Incentives are linked to effort and performance. 
D)  Goals are specific, achievable, and challenging.

Question 3

Keith works as a construction foreman,and he is viewed as a reliable,competent employee.Keith was recently injured in a car accident while on vacation,and his injuries are so severe that he will not be able to return to work.Which of the following would most likely provide Keith with benefits?

Accepted Answer

A)  supplemental unemployment benefits 
B)  workers' compensation insurance 
C)  unemployment insurance 
D)  group life insurance 
A)  supplemental unemployment benefits 
B)  workers' compensation insurance 
C)  unemployment insurance 
D)  group life insurance

Question 4

Which of the following involves setting a production standard for a specific work group and then paying incentives to the group members if they exceed the standard?

Accepted Answer

A)  team incentive plan 
B)  group profit-sharing plan 
C)  employee stock ownership plan 
D)  organization-wide incentive plan 
A)  team incentive plan 
B)  group profit-sharing plan 
C)  employee stock ownership plan 
D)  organization-wide incentive plan

Question 5

Elizabeth works at an auto firm,which recently shut down for five weeks to change machinery.However,during the shutdown,Elizabeth was able to maintain her standard of living because of the firm's ________.

Accepted Answer

A)  supplemental unemployment benefits 
B)  workers' compensation insurance 
C)  supplemental health benefits 
D)  disability insurance 
A)  supplemental unemployment benefits 
B)  workers' compensation insurance 
C)  supplemental health benefits 
D)  disability insurance

Question 6

Unemployment insurance laws do not require that everyone dismissed receive unemployment benefits-only those dismissed through no fault of their own.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is the primary benefit of employee stock ownership plans?

Accepted Answer

A)  Employees have voting rights in firm decisions. 
B)  Firms pay distribution taxes for employees prior to retirement. 
C)  Firms may borrow against employee stock held in trust. 
D)  Employees are able to diversify their investments. 
A)  Employees have voting rights in firm decisions. 
B)  Firms pay distribution taxes for employees prior to retirement. 
C)  Firms may borrow against employee stock held in trust. 
D)  Employees are able to diversify their investments.

Question 8

Disability insurance provides income protection for salary loss due to illness or accident.

Accepted Answer

A) True 
 B)False

Question 9

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

Accepted Answer

A) True 
 B)False

Question 10

The American Disabilities Act makes it illegal for employers to discriminate against women by providing benefits of a lower amount or duration for pregnancy,childbirth,or related medical conditions.

Accepted Answer

A) True 
 B)False

Question 11

An employer's unemployment tax rate depends on the employer's ________.

Accepted Answer

A)  total payroll costs 
B)  policy on retirements 
C)  supplemental pay benefits 
D)  rate of employee terminations 
A)  total payroll costs 
B)  policy on retirements 
C)  supplemental pay benefits 
D)  rate of employee terminations

Question 12

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,undermines the argument that Ryobi should discontinue all merit raises?

Accepted Answer

A)  Ryobi managers have noticed significant productivity improvements among employees who receive merit raises. 
B)  Ryobi managers have not received significant training about conducting performance appraisals. 
C)  Ryobi's top competitor is considered a high-performance work system within the industry. 
D)  Ryobi employees have expressed that they would prefer stock options to merit raises. 
A)  Ryobi managers have noticed significant productivity improvements among employees who receive merit raises. 
B)  Ryobi managers have not received significant training about conducting performance appraisals. 
C)  Ryobi's top competitor is considered a high-performance work system within the industry. 
D)  Ryobi employees have expressed that they would prefer stock options to merit raises.

Question 13

Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered for each company he is considering.One company offers a pension plan in which the company will make all contributions to the plan and will base his pension benefit on a formula linked to his pay at the time of retirement and the number of years he works for the firm.This pension plan could be classified as a ________.

Accepted Answer

A)  non-contributory, defined contribution 
B)  contributory, defined benefit 
C)  non-contributory, defined benefit 
D)  contributory, qualified plan 
A)  non-contributory, defined contribution 
B)  contributory, defined benefit 
C)  non-contributory, defined benefit 
D)  contributory, qualified plan

Question 14

Providing employees with iPhones,laptops,or other tools they need to get their jobs done in any location is known as workplace flexibility.

Accepted Answer

A) True 
 B)False

Question 15

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,best supports the argument that Ryobi should eliminate all merit raises?

Accepted Answer

A)  Ryobi uses an enterprise incentive management system to automate compensation. 
B)  Motivation among Ryobi engineers has been improved through social recognition programs. 
C)  Performance appraisals at Ryobi occur annually, and standards vary from manager to manager. 
D)  The commission percentage for Ryobi sales people is based on the ability to meet monthly quotas. 
A)  Ryobi uses an enterprise incentive management system to automate compensation. 
B)  Motivation among Ryobi engineers has been improved through social recognition programs. 
C)  Performance appraisals at Ryobi occur annually, and standards vary from manager to manager. 
D)  The commission percentage for Ryobi sales people is based on the ability to meet monthly quotas.

Question 16

What is a disadvantage of straight commission plans?

Accepted Answer

A)  Payments are complicated to calculate. 
B)  Salespeople spend too much time on servicing. 
C)  Salespeople neglect selling hard-to-sell products. 
D)  The company's fixed sales costs are proportionately high. 
A)  Payments are complicated to calculate. 
B)  Salespeople spend too much time on servicing. 
C)  Salespeople neglect selling hard-to-sell products. 
D)  The company's fixed sales costs are proportionately high.

Question 17

The Sarbanes-Oxley Act was most likely enacted to ________.

Accepted Answer

A)  provide financial insight 
B)  decrease the corporate tax rate 
C)  monitor the distribution of stock shares 
D)  increase the accountability of top executives 
A)  provide financial insight 
B)  decrease the corporate tax rate 
C)  monitor the distribution of stock shares 
D)  increase the accountability of top executives

Question 18

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 questions is most relevant to the decision by Ryobi executives to discontinue all merit raises?

Accepted Answer

A)  What are the guidelines for implementing a gainsharing plan? 
B)  What types of merit raises are effective for high-performing managers? 
C)  What organization-wide incentive plans are used by other manufacturing firms? 
D)  What is the connection between merit pay increases and employee productivity? 
A)  What are the guidelines for implementing a gainsharing plan? 
B)  What types of merit raises are effective for high-performing managers? 
C)  What organization-wide incentive plans are used by other manufacturing firms? 
D)  What is the connection between merit pay increases and employee productivity?

Question 19

Workers at a t-shirt shop are paid a sum for each t-shirt they produce.Which incentive plan is most likely used by the employer?

Accepted Answer

A)  merit pay 
B)  piecework 
C)  standard hour 
D)  variable pay 
A)  merit pay 
B)  piecework 
C)  standard hour 
D)  variable pay

Question 20

Which term refers to an incentive plan in which a person is paid a sum for each item sold,with a strict proportionality between results and rewards regardless of output?

Accepted Answer

A)  standard merit pay 
B)  straight hourly pay 
C)  straight piecework 
D)  variable pay 
A)  standard merit pay 
B)  straight hourly pay 
C)  straight piecework 
D)  variable pay

As a strategy to increase productivity,employee engagement,and better customer service,organizations are paying higher than competitors' wages.

Which of the following is the LEAST relevant characteristic of an effective incentive plan?

Keith works as a construction foreman,and he is viewed as a reliable,competent employee.Keith was recently injured in a car accident while on vacation,and his injuries are so severe that he will not be able to return to work.Which of the following would most likely provide Keith with benefits?

Which of the following involves setting a production standard for a specific work group and then paying incentives to the group members if they exceed the standard?

Elizabeth works at an auto firm,which recently shut down for five weeks to change machinery.However,during the shutdown,Elizabeth was able to maintain her standard of living because of the firm's ________.

Unemployment insurance laws do not require that everyone dismissed receive unemployment benefits-only those dismissed through no fault of their own.

Which of the following is the primary benefit of employee stock ownership plans?

Disability insurance provides income protection for salary loss due to illness or accident.

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

The American Disabilities Act makes it illegal for employers to discriminate against women by providing benefits of a lower amount or duration for pregnancy,childbirth,or related medical conditions.

An employer's unemployment tax rate depends on the employer's ________.

Providing employees with iPhones,laptops,or other tools they need to get their jobs done in any location is known as workplace flexibility.

What is a disadvantage of straight commission plans?

The Sarbanes-Oxley Act was most likely enacted to ________.

Workers at a t-shirt shop are paid a sum for each t-shirt they produce.Which incentive plan is most likely used by the employer?

Which term refers to an incentive plan in which a person is paid a sum for each item sold,with a strict proportionality between results and rewards regardless of output?

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Human Resource Strategy and Analysis

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Developing Compensation Plans

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

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Exam 11: Pay for Performance and Employee Benefits

As a strategy to increase productivity,employee engagement,and better customer service,organizations are paying higher than competitors' wages.

Which of the following is the LEAST relevant characteristic of an effective incentive plan?

Keith works as a construction foreman,and he is viewed as a reliable,competent employee.Keith was recently injured in a car accident while on vacation,and his injuries are so severe that he will not be able to return to work.Which of the following would most likely provide Keith with benefits?

Which of the following involves setting a production standard for a specific work group and then paying incentives to the group members if they exceed the standard?

Elizabeth works at an auto firm,which recently shut down for five weeks to change machinery.However,during the shutdown,Elizabeth was able to maintain her standard of living because of the firm's ________.

Unemployment insurance laws do not require that everyone dismissed receive unemployment benefits-only those dismissed through no fault of their own.

Which of the following is the primary benefit of employee stock ownership plans?

Disability insurance provides income protection for salary loss due to illness or accident.

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

The American Disabilities Act makes it illegal for employers to discriminate against women by providing benefits of a lower amount or duration for pregnancy,childbirth,or related medical conditions.

An employer's unemployment tax rate depends on the employer's ________.

Providing employees with iPhones,laptops,or other tools they need to get their jobs done in any location is known as workplace flexibility.

What is a disadvantage of straight commission plans?

The Sarbanes-Oxley Act was most likely enacted to ________.

Workers at a t-shirt shop are paid a sum for each t-shirt they produce.Which incentive plan is most likely used by the employer?

Which term refers to an incentive plan in which a person is paid a sum for each item sold,with a strict proportionality between results and rewards regardless of output?

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Human Resource Strategy and Analysis

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Developing Compensation Plans

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

Filters