Quiz
HRM Quiz 8
Create a free account to finish this quiz
Save your progress and see your final score.
Already have an account? Sign in
Questions in this quiz (15)
1A comprehensive approach to compensating and rewarding employees is frequently referred to as
- Atotal compensation.
- Btotal rewards.
- Ctotal benefits.
- Dcomplete compensation.
- Etotal direct compensation.
2________ compensation refers to the financial rewards employees receive in exchange for their work.
- ABase pay
- BIndirect
- CDirect
- DTotal
- ETraditional
3The __________ and services employees receive in exchange for their work is called _________________.
- Apay; direct compensation
- Bbenefits; indirect compensation
- Ccommission; pay
- Dtraining; total rewards
- Ebenefits; direct compensation
4Job structure consists of the _________ for different jobs within the organization.
- Arelative pay
- Bfixed pay
- Cincentive plans
- Dpay levels
- Ebase pay
5Pay structures are developed based on which of the following?
- Alegal requirements
- Bmarket forces
- Corganization's goals
- DAll of the answers are correct.
- Emarket forces and organization's goals
6The procedure through which an organization compares its own practices to those of successful competitors is known as
- Againsharing.
- Bcommercial intelligence.
- Cbenchmarking.
- Dprofiling.
- ENone of the choices are correct.
7Many organizations group jobs into sets of jobs having similar worth or content called
- Apay grades.
- Bhourly rates.
- Cpay policy groups.
- Dpay ranges.
- Ebroadbands.
8What type of pay system sets pay according to the employee's level of skill or knowledge and what they are capable of doing?
- Abroadbanding
- Bpay for individual performance
- Ccompetency-based pay system
- Dvariable pay
- Estandard hour plan
9Organizations that want employees to focus on efficiency may adopt a _________ program, which measures increases in productivity and effectiveness and distributes a portion of each gain to employees.
- Acommission
- Bpiecework
- Cgainsharing
- Dmerit pay
- Ebonus
10Profit sharing involves awarding pay
- Athat then becomes part of employees' base pay, in a manner similar to merit pay.
- Bin order to discourage employees from thinking like owners.
- Cbased on individual performance.
- Dthat is a percentage of the organization's profits.
- EAll of the answers are correct.
11Stock ownership plans
- Amake employees part owners of the organization.
- Bare intended to encourage employees to focus on the success of the organization as a whole.
- Cmay not have a strong effect on individuals' motivation.
- Dusually take the form of stock options or employee stock ownership plans.
- EAll of the choices are correct.
12The Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP) are
- Arequired by law.
- Bmandatory.
- Ccontributory.
- DRequired by law and mandatory.
- EAll of the answers are correct.
13Incentive pay is also referred to as
- Apiecework rate.
- Bmarket rate.
- Cvariable pay.
- Dpay for performance.
- Evariable pay and pay for performance
14A gradual transition into full retirement by reducing hours or job responsibility is called
- Aphased retirement.
- Bdefined retirement.
- Cflexible retirement.
- Ddeferred retirement.
- Epaced retirement.
15Which of the following is a way to communicate total rewards information to employees?
- Aquestion and answer meetings
- Bonline total rewards statements
- Cintranet pages
- Dbrochures
- EAll of the choices are correct.
Information
- Description
- Business/Economics Quiz on HRM Quiz 8, created by jen justice on 03/04/2019.
- Author
- jen justice
- Language
- English
- Views
- 101
- History
- Created on 3 Apr 2019 · updated on 3 Apr 2019
- Tags
- Rating
- 5.0 out of 5 · 1 rating Rate this quiz