Compensation

Business

Quiz 10 :
Pay-For-Performance Plans

Quiz 10 :
Pay-For-Performance Plans

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It is observed that _____ is/are commanding a larger share of the total compensation for all employee groups.
Free
Multiple Choice
Answer:

Answer:

D

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Which of the following is not true of lump-sum bonuses?
Free
Multiple Choice
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Answer:

A

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Usually _____ are awarded for exceptional performance,often on special projects or for performance that so exceeds expectations as to be deserving of an add-on bonus.
Free
Multiple Choice
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Answer:

B

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Which of the following is not true about individual spot awards?
Multiple Choice
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A penalty for poor performance rather than reward for good is an example of:
Multiple Choice
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Which of the following does not use the time period per unit of production to determine the rate?
Multiple Choice
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Paying a dime for every bottle collected and turned into a collection center is an example of:
Multiple Choice
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The most frequently used incentive system is the:
Multiple Choice
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In which of the following incentive pay plans does the wage rate not increase for production above the standard?
Multiple Choice
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A _____ plan divides a task into simple actions and determines the time an average worker takes to complete each action.
Multiple Choice
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An incentive system with three piecework rates is the _____ plan.
Multiple Choice
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The incentive system with two rates,one for above production standard and one for below standard is the _____ plan.
Multiple Choice
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Compensation security is highest for workers who fail to complete tasks within the standard time under the _____ plan?
Multiple Choice
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Advantages of individual incentive plans include all of the following except:
Multiple Choice
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The common feature to all types of incentive plans is:
Multiple Choice
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Hoarding star performers,reluctance to accept new team members and resistance to transferring team members are examples of which team-related compensation problem?
Multiple Choice
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A team works on a project with specific performance level goals and time deadlines,but weather problems cause the team to miss the deadline.What is the key factor affecting how the team feels about their incentive?
Multiple Choice
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The two most commonly used team incentive performance standards are:
Multiple Choice
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All of the following are human resource capabilities performance indicators used for group incentive plans except:
Multiple Choice
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Dissatisfaction with _____ performance indicators for group incentives has led to greater use of _____.
Multiple Choice
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