Which type of base pay is typically based on an individual employee's rate of production?
A. Hourly rate
B. Salary
C. Piece rate
D. Production rate.
Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?
A. Personal leave
B. Sabbatical
C. Severance allowances
D. Paid time off (PTO) bank.
Performance can be measured most objectively through which of the following methods?
A. Making direct observations
B. Documenting examples of performance
C. Quantifying performance data
D. Using management judgment.
Cash compensation is a reward intended to provide what type of motivation?
A. Intrinsic
B. Extrinsic
If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?
A. Cost-of-living
B. Tenure
C. Automatic
D. Market.
What is a primary purpose of pay grades or bands?
A. To identify a compensation range in which to group multiple jobs with similar value
B. To meet legal and regulatory requirements for classifying jobs according to market value
C. To provide documentation that supports termination decisions
D. To justify paying some employees less than market based on internal administrative limitations
What type of pay increase is given when an organization finds that its compensation program is behind competitive market rates?
A. General
B. Cost of living
C. Automatic
D. Merit.
Which of the following are the two primary elements of benefits?
A. Mental health coverage and health care coverage
B. Pay for time not worked and income protection programs
C. Unemployment and disability
D. Defined contribution and defined benefits plans
Which statement is most accurate regarding the performance management process?
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.
Which of the following formal recognition approaches is designed to specifically help bring new employees into the organization?
A. Gift certificates
B. Recruitment bonus
C. Paid travel
D. Paid time off.
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