With Complete Solutions
/.All of the following are considered in picking a pay level EXCEPT:
a. labor-market competition
b. product-market competition
c. job evaluation
d. market pay benchmarks
/.as important as commitment is to employers, it is often difficult to witness directly.
Instead, employers look for specific behaviors considered to represent the opposite of
commitment (i.e. withdrawal). Which of the following represents this kind of behavior? -
Answer-✅absenteeism
/.What type of justice perceptions are influenced by pay structure, and how is this type
of justice defined? - Answer-✅distributive justice: the perceived fairness of decision
outcomes
/.What ratio do employees use to make equity comparisons? - Answer-✅Your
outcomes/inputs = comparison other's outcomes/inputs
/.Under-reward inequity - equity theory - Answer-✅YOU: outcomes/inputs < OTHER
COMPARISON: outcomes/inputs
/.Over-reward inequity - equity theory - Answer-✅YOU: outcomes/inputs > OTHER
COMPARISON: outcomes/inputs
/.How can equity be restored in over-reward inequity conditions? In other words, how do
employees respond to different inequity conditions - Answer-✅increase inputs (higher
motivation) or distort input perceptions
/.How can equity be restored in under-reward inequity conditions? In other words, how
do employees respond to different inequity conditions - Answer-✅decrease inputs
(lower motivation) or increase outcomes (theft)
/.From the article "In Detroit, two wage levels are the new way," what distinguishes
newer workers from longtime workers at Chrysler's manufacturing plants? - Answer-
✅Their pay, new workers are paid less
, /.what is pay level? - Answer-✅average pay in the whole firm, primary factor when
making external comparisons
/.what is job structure? - Answer-✅relative pay of jobs within firm, primary factor when
making internal comparisons
/.identify whether pay level and job structure is equitable for organizations? - Answer-
✅Pay level
- company 1: (40000+60000)/2=50000
-company 2: (45000+55000)/2=50000
Job structure:
-Job A compared to Job B: 40000 compared to 60000
-Job A compared to Job B: 45000 compared to 55000
/.what are the three factors involved in choosing a pay level? - Answer-✅product
market competition, labor market competition, and market pay surveys
/.what is the equal pay act of 1963? - Answer-✅men and women in the same firm who
do "equal work" must be paid equally
/.what is the "glass ceiling" phenomenon? - Answer-✅women do not attain the same
levels of seniority as men, because they do no get promoted with the same frequency
/.What's holding women back, according to men and women? - Answer-✅lack of
management experience; women not in pipeline long enough; male stereotyping of
women; exclusion from informal networks
/.what are the three components that comprise expectancy theory? - Answer-
✅Expectancy, instrumentality, valence
/.what is expectancy in the expectancy theory? - Answer-✅effort will result in
performance
/.what is instrumentality in the expectancy theory? - Answer-✅performance will result in
outcomes
/.what is valence in expectancy theory? - Answer-✅outcomes will be valuable
/.from the lecture (and the video from Office Space), which of the three components (of
expectancy theory) is the most critical with respect to compensation - Answer-✅valence
/.what is merit pay, individual incentives, gainsharing, profit sharing, stock option plan
theories of? - Answer-✅theories of compensation