Question 1

The perceived relationship between successful performance and obtaining the reward is referred to by Vroom as ________.

Accepted Answer

A)  instrumentality 
B)  probability 
C)  valence 
D)  expectancy 
E)  optimism 
A)  instrumentality 
B)  probability 
C)  valence 
D)  expectancy 
E)  optimism

Question 2

In which of the following situations would it be LEAST appropriate to use an incentive plan?

Accepted Answer

A)  Work flow is regular. 
B)  Delays rarely occur. 
C)  The job is standardized 
D)  Employees are unskilled but motivated. 
E)  A link exists between employee effort and output. 
A)  Work flow is regular. 
B)  Delays rarely occur. 
C)  The job is standardized 
D)  Employees are unskilled but motivated. 
E)  A link exists between employee effort and output.

Question 3

How does merit pay differ from a bonus?

Accepted Answer

A)  Merit pay becomes part of an employee's base pay, but a bonus does not. 
B)  A bonus becomes part of an employee's base pay, but merit pay does not. 
C)  Merit pay is linked to individual performance, while a bonus is linked to profits. 
D)  A bonus is linked to individual performance, while merit pay is linked to profits. 
E)  Merit pay is limited to a single, lump payment, and a bonus is spread out over a year. 
A)  Merit pay becomes part of an employee's base pay, but a bonus does not. 
B)  A bonus becomes part of an employee's base pay, but merit pay does not. 
C)  Merit pay is linked to individual performance, while a bonus is linked to profits. 
D)  A bonus is linked to individual performance, while merit pay is linked to profits. 
E)  Merit pay is limited to a single, lump payment, and a bonus is spread out over a year.

Question 4

Company-wide plans in which a corporation contributes shares of its own stock to a trust established to purchase shares of the firm's stocks for employees are known as ________.

Accepted Answer

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

Question 5

What type of pay plan is being used when workers are paid a sum for each unit they produce?

Accepted Answer

A)  base pay 
B)  competency-based pay 
C)  job-based pay 
D)  piecework 
E)  bonus 
A)  base pay 
B)  competency-based pay 
C)  job-based pay 
D)  piecework 
E)  bonus

Question 6

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

Accepted Answer

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

Question 7

In a brief essay,discuss the difference between annual bonuses for employees and gainsharing plans.

Accepted Answer

Most firms have annual bonus plans aimed

Question 8

Most firms link employees' pay to performance because financial incentives are extremely successful at motivating employees to perform above required standards.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is a true statement about Herzberg's Hygiene-Motivator theory?

Accepted Answer

A)  Highly motivated workers rely equally on lower-level and higher-level needs. 
B)  Assigning workers to teams can eliminate job-associated stress and frustration. 
C)  Providing employees with feedback and challenge satisfies their lower-level needs. 
D)  Managers can create a self-motivated workforce by providing feedback and recognition. 
E)  Managers can best motivate employees by adding more hygienes like incentives to the job. 
A)  Highly motivated workers rely equally on lower-level and higher-level needs. 
B)  Assigning workers to teams can eliminate job-associated stress and frustration. 
C)  Providing employees with feedback and challenge satisfies their lower-level needs. 
D)  Managers can create a self-motivated workforce by providing feedback and recognition. 
E)  Managers can best motivate employees by adding more hygienes like incentives to the job.

Question 10

A straight salary is most appropriate when a salesperson's primary duties involve ________.

Accepted Answer

A)  servicing small accounts 
B)  finding new clients 
C)  meeting sales quotas 
D)  pushing hard-to-sell items 
E)  fostering relationships with customers 
A)  servicing small accounts 
B)  finding new clients 
C)  meeting sales quotas 
D)  pushing hard-to-sell items 
E)  fostering relationships with customers

Question 11

The Lincoln incentive system 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 distributing total annual profits each year among employees based on their merit rating 
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 distributing total annual profits each year among employees based on their merit rating

Question 12

Explain the advantages of employee stock ownership plans.

Accepted Answer

The company that offers the ESOP receive

Question 13

Under the Fair Labor Standards Act,which of the following would NOT be included in overtime pay computations?

Accepted Answer

A)  attendance bonus 
B)  bonus for new hires 
C)  Christmas bonus 
D)  efficiency bonus 
E)  union contract bonus 
A)  attendance bonus 
B)  bonus for new hires 
C)  Christmas bonus 
D)  efficiency bonus 
E)  union contract bonus

Question 14

Studies suggest that team incentive plans enhance productivity because the work load is equally distributed among team members,which fosters cooperation.

Accepted Answer

A) True 
 B)False

Question 15

The Scanlon plan is a type of gainsharing plan.

Accepted Answer

A) True 
 B)False

Question 16

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive or where their chances of success are very low.

Accepted Answer

A) True 
 B)False

Question 17

With which type of gainsharing plan bases employee bonuses on the difference between the number of labor hours a firm should have used with the number of labor hours actually used during a specific period?

Accepted Answer

A)  Lincoln 
B)  Rucker 
C)  Improshare 
D)  Scanlon 
E)  Vroom 
A)  Lincoln 
B)  Rucker 
C)  Improshare 
D)  Scanlon 
E)  Vroom

Question 18

Briefly describe Vroom's theory and its three components.How can managers use Vroom's theory as they develop effective incentive plans?

Accepted Answer

Vroom states that a person's motivation

Question 19

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

Accepted Answer

A)  cooperation 
B)  corporate vision 
C)  employee competence 
D)  significant improvements 
E)  shared benefits 
A)  cooperation 
B)  corporate vision 
C)  employee competence 
D)  significant improvements 
E)  shared benefits

Question 20

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Accepted Answer

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

The perceived relationship between successful performance and obtaining the reward is referred to by Vroom as ________.

In which of the following situations would it be LEAST appropriate to use an incentive plan?

How does merit pay differ from a bonus?

Company-wide plans in which a corporation contributes shares of its own stock to a trust established to purchase shares of the firm's stocks for employees are known as ________.

What type of pay plan is being used when workers are paid a sum for each unit they produce?

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

In a brief essay,discuss the difference between annual bonuses for employees and gainsharing plans.

Most firms link employees' pay to performance because financial incentives are extremely successful at motivating employees to perform above required standards.

Which of the following is a true statement about Herzberg's Hygiene-Motivator theory?

A straight salary is most appropriate when a salesperson's primary duties involve ________.

The Lincoln incentive system is an incentive plan that ________.

Explain the advantages of employee stock ownership plans.

Under the Fair Labor Standards Act,which of the following would NOT be included in overtime pay computations?

Studies suggest that team incentive plans enhance productivity because the work load is equally distributed among team members,which fosters cooperation.

The Scanlon plan is a type of gainsharing plan.

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive or where their chances of success are very low.

With which type of gainsharing plan bases employee bonuses on the difference between the number of labor hours a firm should have used with the number of labor hours actually used during a specific period?

Briefly describe Vroom's theory and its three components.How can managers use Vroom's theory as they develop effective incentive plans?

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

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Introduction to Human Resource Management

Equal Opportunity and the Law

The Manager's Role in Strategic Human Resource Management

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Coaching, Careers, and Talent Management

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

Managing Human Resources in Entrepreneurial Firms

Filters

Exam 12: Pay for Performance and Financial Incentives

The perceived relationship between successful performance and obtaining the reward is referred to by Vroom as ________.

In which of the following situations would it be LEAST appropriate to use an incentive plan?

How does merit pay differ from a bonus?

Company-wide plans in which a corporation contributes shares of its own stock to a trust established to purchase shares of the firm's stocks for employees are known as ________.

What type of pay plan is being used when workers are paid a sum for each unit they produce?

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

In a brief essay,discuss the difference between annual bonuses for employees and gainsharing plans.

Most firms link employees' pay to performance because financial incentives are extremely successful at motivating employees to perform above required standards.

Which of the following is a true statement about Herzberg's Hygiene-Motivator theory?

A straight salary is most appropriate when a salesperson's primary duties involve ________.

The Lincoln incentive system is an incentive plan that ________.

Explain the advantages of employee stock ownership plans.

Under the Fair Labor Standards Act,which of the following would NOT be included in overtime pay computations?

Studies suggest that team incentive plans enhance productivity because the work load is equally distributed among team members,which fosters cooperation.

The Scanlon plan is a type of gainsharing plan.

Vroom's expectancy theory observes that people will not pursue rewards that they find unattractive or where their chances of success are very low.

With which type of gainsharing plan bases employee bonuses on the difference between the number of labor hours a firm should have used with the number of labor hours actually used during a specific period?

Briefly describe Vroom's theory and its three components.How can managers use Vroom's theory as they develop effective incentive plans?

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

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

Introduction to Human Resource Management

Equal Opportunity and the Law

The Manager's Role in Strategic Human Resource Management

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Coaching, Careers, and Talent Management

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

Managing Human Resources in Entrepreneurial Firms

Filters