Question 1

Briefly describe gain-sharing plans.

Accepted Answer

Gain-sharing plans are designed to align

Question 2

The vast majority of contracts specify that a job is to be compensated on an hourly basis.

Accepted Answer

A) True 
 B)False

Question 3

A deferred wage increase is negotiated at the time of initial contract negotiations.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following involves periodic adjustments based typically on changes in the consumer price index?

Accepted Answer

A) A COLA clause 
B) A deferred wage increase 
C) A reopener clause 
D) An annual improvement adjustment 
A) A COLA clause 
B) A deferred wage increase 
C) A reopener clause 
D) An annual improvement adjustment

Question 5

In the negotiation stage of a multiyear wage contract, Mark, the manager of SifCo Corp., specifies that changes will be made to the wage based on the changes in the consumer price index and mentions the effective dates of adjustment.Which of the following types of clauses has Mark introduced in the contract?

Accepted Answer

A) Halo clause 
B) Spillover clause 
C) Escalator clause 
D) Reopener clause 
A) Halo clause 
B) Spillover clause 
C) Escalator clause 
D) Reopener clause

Question 6

Which of the following is the most likely reason for most unions to insist on group-based performance measures with equal payouts to members?

Accepted Answer

A) It enables employees to learn new skills. 
B) It cuts down on strife and internal quarrels. 
C) It encourages individual differences. 
D) It causes a leniency effect. 
A) It enables employees to learn new skills. 
B) It cuts down on strife and internal quarrels. 
C) It encourages individual differences. 
D) It causes a leniency effect.

Question 7

_____ are one-time cash payments to employees that are not added to an employee's base wages.

Accepted Answer

A) Relational returns 
B) Merit increases 
C) Lump-sum awards 
D) Cost-of-living increases 
A) Relational returns 
B) Merit increases 
C) Lump-sum awards 
D) Cost-of-living increases

Question 8

In a two-tier wage system, employees hired after a specific date are placed in a higher wage scale than those hired prior to that date.

Accepted Answer

A) True 
 B)False

Question 9

An alternative strategy for organizations hurt by intense competition is to control base wages in exchange for giving employees part ownership in the company.

Accepted Answer

A) True 
 B)False

Question 10

The CEO of BoardCom Inc., James, negotiates a new union contract with the union leader.If James wants to reduce expenses and keep the union happy, which of the following suggestions is most likely to be helpful?

Accepted Answer

A) Introduce merit increases based on individual-based performance. 
B) Provide lump-sum awards in exchange for merit pay increases. 
C) Introduce a gain-sharing plan that substitutes wages. 
D) Provide a 20 percent increase to base wages. 
A) Introduce merit increases based on individual-based performance. 
B) Provide lump-sum awards in exchange for merit pay increases. 
C) Introduce a gain-sharing plan that substitutes wages. 
D) Provide a 20 percent increase to base wages.

Question 11

With gain-sharing plans, the most common union strategy is to _____.

Accepted Answer

A) delay taking a stand until real benefits are more apparent 
B) be very enthusiastic 
C) have direct opposition to the plans as soon as they are suggested by the management 
D) have no concern for the plans 
A) delay taking a stand until real benefits are more apparent 
B) be very enthusiastic 
C) have direct opposition to the plans as soon as they are suggested by the management 
D) have no concern for the plans

Question 12

Increased global competition has caused unions to:

Accepted Answer

A) demand higher base wages than their international counterparts. 
B) become more receptive to alternate reward systems that link pay to performance. 
C) accept less variable pay in exchange for higher base pay. 
D) demand increases in product prices to cover for increased wage costs. 
A) demand higher base wages than their international counterparts. 
B) become more receptive to alternate reward systems that link pay to performance. 
C) accept less variable pay in exchange for higher base pay. 
D) demand increases in product prices to cover for increased wage costs.

Question 13

Which of the following is a reason for unions favoring gain-sharing plans?

Accepted Answer

A) Increased peer pressure to perform 
B) Increased involvement with job activities 
C) Increased flexibility in moving employees quickly into high-demand areas 
D) Increased clarity in bonus calculations 
A) Increased peer pressure to perform 
B) Increased involvement with job activities 
C) Increased flexibility in moving employees quickly into high-demand areas 
D) Increased clarity in bonus calculations

Question 14

When compared to the impact of unions during periods of strong economies, the impact of unions during periods of higher unemployment is _____.

Accepted Answer

A) unknown 
B) the same 
C) smaller 
D) larger 
A) unknown 
B) the same 
C) smaller 
D) larger

Question 15

Which of the following statements about single rates is true?

Accepted Answer

A) Single rates are usually specified for workers within a particular job classification. 
B) Single-rate agreements differentiate wages on the basis of seniority. 
C) Single rates are only specified for workers employed by a firm in different geographic areas. 
D) Single-rate agreements differentiate wages on the basis of merit. 
A) Single rates are usually specified for workers within a particular job classification. 
B) Single-rate agreements differentiate wages on the basis of seniority. 
C) Single rates are only specified for workers employed by a firm in different geographic areas. 
D) Single-rate agreements differentiate wages on the basis of merit.

Briefly describe gain-sharing plans.

The vast majority of contracts specify that a job is to be compensated on an hourly basis.

A deferred wage increase is negotiated at the time of initial contract negotiations.

Which of the following involves periodic adjustments based typically on changes in the consumer price index?

Which of the following is the most likely reason for most unions to insist on group-based performance measures with equal payouts to members?

_____ are one-time cash payments to employees that are not added to an employee's base wages.

In a two-tier wage system, employees hired after a specific date are placed in a higher wage scale than those hired prior to that date.

An alternative strategy for organizations hurt by intense competition is to control base wages in exchange for giving employees part ownership in the company.

The CEO of BoardCom Inc., James, negotiates a new union contract with the union leader.If James wants to reduce expenses and keep the union happy, which of the following suggestions is most likely to be helpful?

With gain-sharing plans, the most common union strategy is to _____.

Increased global competition has caused unions to:

Which of the following is a reason for unions favoring gain-sharing plans?

When compared to the impact of unions during periods of strong economies, the impact of unions during periods of higher unemployment is _____.

Which of the following statements about single rates is true?

Pay-For-Performance: The Evidence

Strategy: The Totality of Decisions

Defining Internal Alignment

R: Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 15: Union Role in Wage and Salary Administration

Briefly describe gain-sharing plans.

The vast majority of contracts specify that a job is to be compensated on an hourly basis.

A deferred wage increase is negotiated at the time of initial contract negotiations.

Which of the following involves periodic adjustments based typically on changes in the consumer price index?

Which of the following is the most likely reason for most unions to insist on group-based performance measures with equal payouts to members?

_____ are one-time cash payments to employees that are not added to an employee's base wages.

In a two-tier wage system, employees hired after a specific date are placed in a higher wage scale than those hired prior to that date.

An alternative strategy for organizations hurt by intense competition is to control base wages in exchange for giving employees part ownership in the company.

The CEO of BoardCom Inc., James, negotiates a new union contract with the union leader.If James wants to reduce expenses and keep the union happy, which of the following suggestions is most likely to be helpful?

With gain-sharing plans, the most common union strategy is to _____.

Increased global competition has caused unions to:

Which of the following is a reason for unions favoring gain-sharing plans?

When compared to the impact of unions during periods of strong economies, the impact of unions during periods of higher unemployment is _____.

Which of the following statements about single rates is true?

Pay-For-Performance: The Evidence

Strategy: The Totality of Decisions

Defining Internal Alignment

R: Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters