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WorksheetsQuiz Ch 14-15
Total questions: 15
Worksheet time: 6mins
Which type of the collective incentives using historical profit as its performance measure?
Goal-sharing
Profit-sharing
Team incentives
Gainsharing
What type of firms is profit-sharing applicable to?
profit-making organizations
public sector organizations
non-profit enitities
social community
why do the majority of countries in the world start choosing to use deferred payment plans?
the amount of dollar bonuses given is less
can be directly distributed to employees in a timely manner in a period
every company over the world use it nowadays
to minimize its tax
say AFirm.co having a $1m benchamrk payroll cost. If the sales value in subsequent period is $20m and company maintain its cost for their raw material set as $10m. how much their payroll costs is (given benchmark ratio of labor costs is 40%)?
$1m
$3m
$4m
$10m
There are 3 main options of bonus distribution in gainsharing plans, which are?
equal dollar amount to each unit, equal percentage to each member, unequally based on contribution
equal dollar amount to each member, equal percentage of each base pay, unequally based on contribution
equal dollar based on base pay, equal percentage to each unit, unequally based on performance
equal dollar amount to each member, equal percentage to each unit, equal percentage based on contribution
Which is one of the 8 considerations before designing gainsharing plans?
cooperative behaviour
management involvement
employee attitude
union attitude
What's the difference between gainsharing and goal sharing?
gainsharing can be targeted to particular division or department while goalsharing are organization-wide.
gainsharing does not include employee participation while in goal sharing employee participation is featured
gainsharing is based on historical benchmark while goalsharing is future oriented
the bonus pool on gainsharing is not self funded while goalsharing is self funded
Goal sharing has several disadvantages, which one of them is?
the design is too complex
it could be easily changed
they can be costly to establish
cause significant reward dissatisfaction
What is potential of equity-based rewards for employee?
Closer integration of individual and company goals
Long-term financial gains through dividend earnings and share price appreciation
Long-term commitment and membership behavior
An insecure means of retirement saving
Which is not the five dimensions to team structures?
the team is fully self-managing
the degree of functional diversity within the team
the nature of the work flow between member teams
the degree of time commitment is either full time or part time
The team has a member that has cross-functional characteristic,
which the team is?
Parallel team
Project team
Process team
none of those has the right answers
Klein (1987) has identified some ways in which a share plan can influence employee attitudes and behaviors as explained by model follow, EXCEPT:
Intrinsic Satisfaction Model
Instrumental Satisfaction Model
External Satisfaction Model
Extrinsic Satisfaction Model
Employees have the opportunity to purchase part or all of a specified quota of shares in the company by typically pay a small deposit on the full share purchase price is type of share ownership of :
Share Purchase Plans
Share Grants
Share Option Plans
Share Equity
Bank BRI is currently in the Employee Stock Allocation (ESA) period which runs from March 1st, 2022 until August 31st, 2023, which is the ESA phase...
ESA 1
ESA 2
ESA 3
ESA 4
The realisation of the full potential of an equity plan will depend, among other things on, EXCEPT ...
Pre-existing organizational culture and management style
Employee share plan configuration
Employee expectations of ownership risk and return
Employee Performance
