1- If we pay our employees for knowledge, skills, and abilities they may never use in...
1- If we pay our employees for knowledge, skills, and abilities they may never use in the workplace, our overall compensation cost ____________.
A. changes insignificantly
B. does not change
C. goes up
D. goes down
2- Overlapping _____ allows flexibility in assigning each person’s pay rate within a particular pay level.
A. pay lines
B. pay levels
C. compensable factors
D. benchmark jobs
E. job evaluations
3- Halle plans to pay her workers the lowest hourly rate of pay generally allowed under the Fair Labor Standards Act. In other words, Halle will pay her workers _________.
A. at-the-market wages
B. skill-based pay
C. overtime wages
D. minimum wage
4- If Brittany reaches her sales goals for this quarter, she will receive a $2,000 bonus. This part of her compensation is considered ________.
A. base pay
B. a wage and salary add-on
C. benefits
D. incentive pay
5- Which theory says that employee motivation will remain high when employees believe that a particular level of effort on their part will lead to a desired level of performance, and that level of performance leads to an outcome that they want?
A. Learning theory
B. Equity theory
C. Expectancy theory
D. Operant conditioning theory
E. Efficiency wage theory
6- The job ranking method simply ranks jobs ___________________.
A. based on number of job openings
B. based on education attainment
C. from lowest to highest
D. from most- to least-desirable
Homework Answers
1- If we pay our employees for knowledge, skills, and abilities they may never use in the workplace, our overall compensation cost ____________.
Answer = C. goes up
- Because these knowledge, skills, and abilities will never be used in workplace , thus cost incurred in these skills increases compensation cost
2- Overlapping _____ allows flexibility in assigning each person’s pay rate within a particular pay level.
Answer = D. benchmark jobs
- benchmarking helps in assigning exact pay rate within a particular pay level
3- Halle plans to pay her workers the lowest hourly rate of pay generally allowed under the Fair Labor Standards Act. In other words, Halle will pay her workers _________.
Answer = D. minimum wage
- Minimum wage is defined as lowest hourly rate of pay generally allowed under the Fair Labor Standards Act
4- If Brittany reaches her sales goals for this quarter, she will receive a $2,000 bonus. This part of her compensation is considered ________.
Answer = D. incentive pay
- Incentive pay refers to giving employees bonuses or other forms of compensation in exchange for going above and beyond their normal duties
Add Answer to:
1- If we pay our employees for knowledge, skills, and abilities
they may never use in...
1. In class we discussed several compensation schemes that employers may use to motivate workers. a....
1. In class we discussed several compensation schemes that employers may use to motivate workers. a. “Pay for performance” schemes may take several forms. One is a piece rate scheme, in which there is an explicit mathematical formula that translates workers’ output into pay. (For example, a worker might be paid $5 per unit of out put he or she produces.) A second scheme awards workers a year-end bonus that depends on their annual performance review. Question: All else equal,...
One of the key decisions employers must make is the level of compensation provided to employees....
One of the key decisions employers must make is the level of compensation provided to employees. Compensation is a significant cost and employees are one of the most important assets of the organization. It is important that the organization makes and executes good strategic choices. To facilitate this process, many organizations think systematically about its job structures for compensation and pay leveys for different jobs An organization's job structure consists of relative pay for different functions and different levels of responsibility....
ne Remaining: 1:23:16 estions Save o Our O Mary Ellen is the newly appointed CEO of...
ne Remaining: 1:23:16 estions Save o Our O Mary Ellen is the newly appointed CEO of a company that packages cereal on an assembly line. Her staff has told her that the output the firm produ the number of workers employed, indicates that some workers may be shirking. According to efficiency wage theory, what should she do? a. pay all workers below the equilibrium wage rate to make up for the loss from shirking b. make sure that workers are...
15. What is the main assumption behind the human-relations approach or Theory Y? a. Employees like...
15. What is the main assumption behind the human-relations approach or Theory Y? a. Employees like variety in their job, responsibility, and a sense of accomplishment b. The employer should find the best way to do a job and train workers to do it that way. c. Job satisfaction is highly correlated with excellence of job performance. d. The best way to improve job performance is to increase salaries. 16. A manager following Theory X, or the scientific-management approach, makes...
Job Structure: Relative Value of Various Jobs Along with market forces and principles of fairness, organizations...
Job Structure: Relative Value of Various Jobs Along with market forces and principles of fairness, organizations consider the relative contribution each job should make to the organization's overall performance. In general, an organization's creation of a pay structure requires that the organization develop an internal structure showing the relative contribution of its various jobs. The first step to design a pay structure is with a job evaluation to measure the relative worth of the organization's jobs, using compensable factors such...
Which of the following statements is true of job enrichment? a. It allows workers to use...
Which of the following statements is true of job enrichment? a. It allows workers to use a range of different skills. b. Workers lack autonomy in their jobs. c. It is based on the assumption that easy, mundane work motivates employees to give their best. d. Workers seldom receive feedback about their performance.
If you were a manager who made sure that rewards were distributed to your employees fairly...
If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, you would be using a. equity theory. b. Theory X. c. motivation-hygiene theory. d. Theory Y. e. scientific management.
12. (This question refers to the MRU video 'Compensating Differentials'.) The greater the wage differential required...
12. (This question refers to the MRU video 'Compensating Differentials'.) The greater the wage differential required to compensate workers for a safety risk, the: Select one: a. weaker the firm's incentive to invest in making the job safer. b. greater the difference between the level of skill required for safe jobs and the level of skill required for unsafe jobs. c. greater the firm's incentive to invest in making the job safer. d. smaller the difference between the wages of...
Which scenario could you use as an example of frictional unemployment when explaining it to a...
Which scenario could you use as an example of frictional unemployment when explaining it to a friend? a. George has a difference of opinion with his boss and the friction grows over time until his boss finds a few mistakes that George has made and fires him. b. A college student working at a copy center finishes his semester of school and quits his job at the copy center and goes traveling through South America for the summer. c. An...
Can anyone just help correct it? Thank you. 16] The Americans with Disabilities Act states that...
Can anyone just help correct it? Thank you.
16] The Americans with Disabilities Act states that people with AIDS are not disabled. prohibits using a positive AIDS test as reason to deny an applicant employment C) mandates that men and women who do equal work must receive the same wage D) specifically outlaws discrimination based on age. E) prohibits discrimination on the basis of race. 17] Which of the following practices is generally considered to be illegal in the United...
One of the key decisions employers must make is the level of compensation provided to employees. Compensation is a significant cost and employees are one of the most important assets of the organization. It is important that the organization makes and executes good strategic choices. To facilitate this process, many organizations think systematically about its job structures for compensation and pay leveys for different jobs An organization's job structure consists of relative pay for different functions and different levels of responsibility....
ne Remaining: 1:23:16 estions Save o Our O Mary Ellen is the newly appointed CEO of a company that packages cereal on an assembly line. Her staff has told her that the output the firm produ the number of workers employed, indicates that some workers may be shirking. According to efficiency wage theory, what should she do? a. pay all workers below the equilibrium wage rate to make up for the loss from shirking b. make sure that workers are...
15. What is the main assumption behind the human-relations approach or Theory Y? a. Employees like variety in their job, responsibility, and a sense of accomplishment b. The employer should find the best way to do a job and train workers to do it that way. c. Job satisfaction is highly correlated with excellence of job performance. d. The best way to improve job performance is to increase salaries. 16. A manager following Theory X, or the scientific-management approach, makes...
Can anyone just help correct it? Thank you.
16] The Americans with Disabilities Act states that people with AIDS are not disabled. prohibits using a positive AIDS test as reason to deny an applicant employment C) mandates that men and women who do equal work must receive the same wage D) specifically outlaws discrimination based on age. E) prohibits discrimination on the basis of race. 17] Which of the following practices is generally considered to be illegal in the United...
Most questions answered within 3 hours.
-
(63
#14)
which of the following statments best describes how chamging
the concentration of the substances...
asked 1 hour ago -
In the following reaction, which element is undergoing
oxidation: Na2SO3 + N2O --> N2 + Na2SO4...
asked 2 hours ago -
Which of the following pairs of ions have the same electron
configuration?
I: Br− and Se2−...
asked 5 hours ago -
The Foremost Composite Materials Company is planning a two-day
sales conference for October 19-20. The conference...
asked 5 hours ago -
3) Illustrate the observed pattern of relatedness of organisms
versus adaptations to specific conditions. This means...
asked 6 hours ago -
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 6 hours ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 7 hours ago -
How would I use switch statements to write a program that will
take an input of...
asked 7 hours ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 7 hours ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 7 hours ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 7 hours ago -
Situation: A building that is 618 m above the ground floor. How
many times would a...
asked 7 hours ago