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Questions # 1:

When using a market pricing approach to build a base pay structure, what percentage of job content should typically be similar for a job match to be considered good for benchmarking purposes?

Options:
A.

10% or more

B.

30% or more

C.

50% or more

D.

70% or more

 

 

 

Expert Solution
Questions # 2:

How should learning opportunities to enhance a current job best be determined?

Options:
A.

By each employee's pay grade

B.

By what is available on the annual development schedule

C.

By what is appropriate for the business and the job

D.

By what the manager thinks the employee should have

 

 

 

Expert Solution
Questions # 3:

Which of the following is a nonquantitative method of job evaluation?

Options:
A.

Point factor

B.

Ranking

C.

Job content

D.

Rating

 

 

 

Expert Solution
Questions # 4:

How is the performance review related to pay?

Options:
A.

It isn't. The performance review should not be related to pay decisions.

B.

It is related to the extent that it affects variable pay awards. Base pay is based solely on tenure, prior experience and job skills.

C.

It helps managers meet salary budgets by allowing them to adjust review results to align with available salary increase funds.

D.

It provides managers a measure that can be used along with salary planning guidelines to determine appropriate rewards or consequences.

 

 

 

Expert Solution
Questions # 5:

Which statement is most accurate regarding the performance management process?

Options:
A.

It is a one-time event.

B.

Managers and supervisors should plan and measure performance without input or involvement from subordinates.

C.

Performance standards should be loosely defined, allowing great latitude in measurement.

D.

Mutual respect and trust should be the foundation of the relationship between managers and employees.

 

 

 

Expert Solution
Questions # 6:

How do commissions typically differ from annual incentives for non-executive employees?

Options:
A.

They are based on a predetermined performance and reward schedule.

B.

They are offered to motivate employee performance.

C.

They are intended to align the interests of the employee with those of the organization.

D.

They tend to make up the larger portion of an employee's total compensation.

 

 

 

Expert Solution
Questions # 7:

Cash compensation is a reward intended to provide what type of motivation?

Options:
A.

Intrinsic

B.

Extrinsic

 

 

 

Expert Solution
Questions # 8:

Which of the following leads to the specific performance objectives for an organization?

Options:
A.

Performance standards

B.

Human resources strategy

C.

Performance measures

D.

Business strategy

 

 

 

Expert Solution
Questions # 9:

What best describes the two primary elements of compensation?

Options:
A.

Fixed pay and variable pay

B.

Base pay and annual incentives

C.

Direct and indirect compensation

D.

Salary and hourly rate

 

 

 

Expert Solution
Questions # 10:

What type of pay increase is given when an organization finds that its compensation program is behind competitive market rates?

Options:
A.

General

B.

Cost of living

C.

Automatic

D.

Merit

 

 

 

Expert Solution
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