Question : 61.Which of the following pay programs has the highest frequency : 1243114

 

 

61.Which of the following pay programs has the highest frequency of payout?   

A.Merit pay

 

B.Profit sharing

 

C.Skill-based

 

D.Incentive pay

 

E.Gainsharing

 

 

62.Which of the following is a design feature according to which employee contribution programs differ?   

A.Employees’ skills

 

B.Type of work

 

C.Frequency of payout

 

D.Number of employee groups

 

E.Company’s annual output

 

 

63.In _____ programs, annual compensation increases are usually linked to performance appraisal ratings.   

A.skill-based pay

 

B.gainsharing

 

C.merit pay

 

D.incentive pay

 

E.cost-based pay

 

 

64.According to a merit increase grid, one of the factors that determines the size and frequency of pay increases is the _____.   

A.company’s annual output

 

B.attrition rate in the company

 

C.company’s stock price

 

D.recruitment ratio

 

E.individual’s performance rating

 

 

65.In merit pay programs, an individual’s compa-ratio represents his or her _____.   

A.ability to multitask

 

B.performance rating

 

C.position in the pay range

 

D.knowledge of business

 

E.ratio of pay to benefits

 

 

66.In a merit increase grid, the _____ determines the size and frequency of pay increases.   

A.time spent in the current pay grade

 

B.overall profitability of the company

 

C.employees’ seniority

 

D.compa-ratio of employees

 

E.the skills developed by the employee

 

 

67.Allan works as a typesetter in a publishing company. If the organization uses merit pay programs, Allan’s salary would be based primarily on information collected from _____.   

A.his colleagues

 

B.the human resource manager

 

C.his immediate supervisor

 

D.Allan himself

 

E.performance indicators

 

 

68.Which of the following is a criticism of traditional merit pay programs?   

A.Peer and subordinate ratings are frequent and they tend to receive more weight than supervisory ratings.

 

B.The feedback under this system tends to occur too frequently, which may cause average employees to feel more discouraged than appreciated.

 

C.The program lacks emphasis on individual performance and focuses too much on teamwork.

 

D.The program often involves gathering inappropriate feedback from external sources.

 

E.Employees are encouraged to focus on personal gains than what is good for the organization.

 

 

69.Employees assess fairness along the distributive dimension when their assessment is based on _____.   

A.organizational procedures

 

B.the systems used to assess performance

 

C.how much they receive

 

D.the supervisors’ feedback

 

E.their judgment of the management

 

 

70.In the _____ dimension, employees base their fairness assessments on the processes that were used to decide the amount of compensation.   

A.distributive

 

B.procedural

 

C.quantitative

 

D.ownership

 

E.outcome

 

 

 

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