Which of the following terms refers to all forms of pay or rewards going to employees and
arising from their employment?
Chapter 11 & 12: Pay for performance
Quiz
•
Social Studies
•
University
•
Medium
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following terms refers to all forms of pay or rewards going to employees and
arising from their employment?
salary
employee benefits
wage reimbursement
employee compensation
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a type of direct financial payment?
wages
insurance
incentives
commissions
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ahmad is a sales representative in a jewelry store. He typically works 40 hours per week and his
pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which
of the following terms best describes John's situation?
pay for performance
indirect financial compensation
time-based compensation
piecework pay
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What theory of motivation states that people are strongly motivated to maintain a balance
between what they perceive as their contributions and their rewards?
Two-factor theory
Equity theory
Learned needs theory
Expectancy theory
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What type of pay plan is being used when workers are paid a sum for each unit they
produce?
competency-based pay
job-based pay
piecework
bonus
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In which of the following do workers receive a basic hourly rate plus a premium equal to the
percent by which their performance exceeds the standard?
variable pay
straight piecework
standard hour plan
standard piecework
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following terms refers to any salary increase the firm awards to an individual
employee based on his or her individual performance?
competency-based pay
variable pay
merit pay
base pay
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