motivation among employees at any point in time is referred

Motivation among employees at any point in time is referred

Which of the following programs introduced by Congress includes restrictions on executive pay that are designed to discourage executives from taking "unnecessary and excessive risks"?

 

·         Troubled Asset Relief Program

 

Hourly compensation costs for production workers in manufacturing are higher in _____ than in the United States.

 

·         Germany

 

One of the reasons why 8 in 10 of the uninsured in the United States are from working families is that _____.

 

·         Many small employers are much less likely than larger employers to offer health insurance to t heir employees.

 

The degree to which pay influences individual and aggregate motivation among employees at any point in time is referred to as a(n):

 

·         incentive effect

 

Which of the following is an example of a relational return?

 

·         recognition and status, employment security, challenging work, and learning opportunities.

 

Which of the following is given as an increment to the base pay in recognition of past work behavior?

 

·         Merit Pay

 

Recent surveys show that, on average, an outstanding performer receives a _____ merit increase, an average performer a _____ merit increase, and a poor performer a 0.4% merit increase.

 

·         4.4%; 2.8%

 

Variable pay may also be called_____.

 

·         incentives

 

Which of the following is often the largest component in an executive pay package?

·         Stock options

 

Among employers that provide health insurance, the cost to provide family coverage per year per employee is approximately _____.

 

·         $16,000

 

Incentives do not permanently increase labor costs because:

 

·         they are one-time payments

 

A difference between incentives and merit increases is that incentives:

 

·         Do not increase the base wage, whereas merit increases the base wage.

 

Which of the following is a fundamental objective, and NOT a policy, in the pay model?

 

·         Policies: Internal Alignment, Competitiveness, Contributions, and Management

Objectives: Efficiency (Performance, Quality, Customer and Stockholder, Cost), Fairness, Compliance, Ethics

 

Which of the following is a policy, and NOT an objective, in the pay model?

Policies: Internal Alignment, Competitiveness, Contributions, and Management

·        

Objectives: Efficiency (Performance, Quality, Customer and Stockholder, Cost), Fairness, Compliance, Ethics

 

Incentives and merit guidelines are techniques of the _____ policy of the pay model.

 

·         employee contributions

 

_____ refers to comparisons among jobs or skills inside a single organization.

 

·         Internal alignment

 

 

                                  

In the context of pay relationships, which of the following is illegal in the United States?

 

·         Legal examples: Paying on the basis of the nature of jobs; paying on the basis of pay comparisons with competitors; and, Paying on the basis of one's skill level.

Illegal example: Paying on the basis of one's age, gender, religion, natural origin, and disability

 

Managers seek internal alignment within their organization by

 

·         paying on the basis of similarities among jobs.

 

Compensation policy choices that affect the pay level relative to other companies are most closely associated with the _____ aspect of the pay model.

 

·         external competitiveness

 

The decisions to implement pay for performance, flat rate pay, and profit sharing are examples of _____ policy decisions.

 

·         employee contributions

 

According to the text, which of the following decisions should be made jointly?

 

·         External competitiveness and employee contribution decisions

 

Which of the following policy decisions directly affects employees' attitudes and work behaviors?

 

·         Employee

 

You are an HR manager, and your boss has told you to find the best way to raise job performance. After some research, you find that _____ have the greatest instrumental value.

 

·         Monetary incentives

 

Which of the following is NOT a question to ask for determining if research has value?

 

·         Proper Question: Is the research useful?; Can alternatives explanations be ruled out?; Is correlation separated from causation?

Example of an Improper Question: Was the research conducted by Ph.D. researchers

 

A measure of how changes in one variable are related to changes in another variable is the:

 

·         correlation coefficient

 

The best way to establish _____ is to account for competing explanations, either statistically or through control groups.

 

·         causation