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    Chap-11-Group-8

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    Chap-11-Group-8

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    Section 1

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    Section 1

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1 views4 pages

    Chap-11-Group-8

    Uploaded by

    tabvideos585
    Section 1

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 4

    CHAPTER 11: ESTABLISHING REWARDS AND PAY PLANS

    1. Which of the following is used to maintain internal equity?

    A. job analysis comparisons

    B. organizational charts

    C. incentive pay

    D. salary surveys

    2. Beth, a small business owner, wants to ensure external equity when establishing pay rates.
    Beth should most likely ________.

    A. use wage curves to price each pay grade

    B. compare performance appraisals

    C. conduct a salary survey

    D. check online pay sites

    3. Which job evaluation method is a quantitative technique involving the identification of


    several compensable factors and the degree to which each of these factors is present in the
    job?

    A. ranking method

    B. point method

    C. job grading method

    D. job classification method

    4. Salary surveys are used by firms to collect data on employee benefits as well as wage rates for
    the purpose of pricing jobs.
     TRUE
    5. What is the main factor in calculating equitable base pay rate?

    A. Taxation

    B. Cost of living

    C. Employee’s performance

    D. Employee’s status

    6. What are two benefits that serve privileged executive?

    A. Perquisite and Golden Parachute

    B. Perks and Golden Parachute

    C. Bonus and promotion


    D. A & B are correct

    7. How many factors does the balance sheet approach consider?

    A. 2

    B. 3

    C. 4

    D. 5

    8. The goal of Compensation Administration is to design a cost-effective pay structure that will
    attract, motivate, and retain competent employees.
     TRUE
    9. How many kinds of rewards that we have mentioned?

    A. 3

    B. 4

    C. 5

    D. 6

    10. The process of managing a company’s compensation program is ______.

    A. Job Evaluation

    B. Compensation Administration

    C. Pay Structure

    D. International Compensation

    11. The Civil Rights and Equal Pay Acts , among other laws, protect employees from ______?

    A. violence

    B. evaluation

    C. argument

    D. discrimination

    12. How many external factors are mentioned in the presentation?

    A. 5

    B. 6

    C. 7

    D. 8
    13. When setting a policy on how to react to competition wages, how many choices do HR
    professionals have?

    A. 3

    B. 4

    C. 5

    D. 6

    14. What is the group incentive?

    A. Motivational plan provided to a group of employees based on their collective work.

    B. Motivation systems based on individual work performance.

    C. An incentive plan that uses a specific mathematical formula for determining employee
    bonuses.
    D. All is incorrect.

    15. An organization-wide incentive program focusing on cooperation between management and


    employees through _____.

    A. sharing knowledge and experiences.

    B. sharing experiences, goals, and strategies.

    C. sharing problems, goals, and ideas.

    D. sharing goals, ideas, and strategies.

    16. Which of the following is a strength of a company's performance-based pay?

    A. Saving the company money

    B. Ensuring that it has the right people at the right place

    C. Increase profits for the company

    D. All of the above ideas

    17. What difficulties will the company encounter when paying performance-based salaries?

    A. Creates a sense of unhealthy competition

    B. Assembling a competent team of employees who add significant value to the organization

    C. A&B are correct

    D. A&B are wrong

    18. How much content does Executive Compensation Programs have?

    A. 5
    B. 4

    C. 3

    D. 2

    19. What is paying for performance program?

    A. based on their job performance

    B. Based on employee working hours

    C. Based on employee's working hours and bonuses

    D. Based on the employee's educational level

    20. When was the Golden Parachute gained popularity?


    A. 1980
    B. 1981
    C. 1982
    D. 1983

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