COMPENSATION MANAGEMENT TEST

What refers to compensation, performance management and culture which measured in regular performance reviews is consistent with what the compensation practices are doing?

• Law triangle

• Ability triangle

• Motivation triangle

• Environmental obstacle triangle

All of the following are motivation theories in compensation management except?

• Efficiency

• Expectancy

• Reinforcement

• Maslow's Need Hierarchy

What is pay for performance system should comply with existing laws by having reward system that maintain and enhances the reputation of the firm?

• Fairness

• Efficiency

• Expectancy

• Compliance

There are four types of variable pay plan which are cash profit sharing, balanced scoreboard, stock ownership or options and?

• Merit pay

• Merit bonuses

• Group incentives

• Individual incentive plans

What is an employee willingness to participate in the decision making process that have little impact on productivity or profit which aims to increase employee involvement in the organization?

• Performance plan

• Individual incentive plan

• Broad based option plans

• Employee stock ownership plans

A substitute for merit pay based on employee or company performance which employee receive an end of year bonus called as?

• Merit pay

• Merit bonuses

• Individual spot rewards

• Individual incentive plans

All of the following are strategy to measure job performance except?

• Select the wrong raters

• Improve appraisals format

• Training raters to rate more accurately

• Understand how raters process information

What refers to raters compare employees against each other to determine the group on some performance measure in overall performance?

• Rating formats

• Ranking formats

• Training formats

• Performance formats

There are three methods of ranking employees included the straight ranking, the alternative ranking and?

• The standard ranking

• The efficiently ranking

• The individual ranking

• The paired comparison ranking

What appears that the raters are influenced by general appearance characteristics of the ratees?

• Errors in observation

• Error in the rating process

• Errors in the actual evaluation

• Common errors in appraising performance