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Test Bank for Compensation 6th Canadian Edition By Margaret Yap, Jerry Newman, Bruce Gerhart (All Chapters, 100% Original Verified, Questions & Answers)

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Test Bank for Compensation 6th Canadian Edition By Margaret Yap, Jerry Newman, Bruce Gerhart (All Chapters, 100% Original Verified, Questions & Answers)

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Voorbeeld van de inhoud

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1. Award: 10.00 points




Which of the following is NOT a contributing factor to wage determination?


 gender

 education

 size of organization

 volunteer experience

 tenure



References

Multiple Choice Difficulty: Medium Learning Objective: 01-02 Describe how compensation is viewed
differently by society, stockholders, managers, and employees in
Canada and around the world.



2. Award: 10.00 points




Pay for executives should supposedly to be tied to:


 the company's financial performance

 the company's reputation

 the financial needs of the employee

 the company's growth potential

 the cost of living index



References

Multiple Choice Difficulty: Easy Learning Objective: 01-02 Describe how compensation is viewed
differently by society, stockholders, managers, and employees in
Canada and around the world.



3. Award: 10.00 points




Which of the following refers to a multiple meaning of compensation?


 societal

 employee

 stockholder

 relational

 personal



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.




Elitestudyvault

, or more ebook/ testbank/ solution manuals requests: email

4. Award: 10.00 points




Which of the following is NOT part of an employee's total compensation?


 paid vacation

 health insurance

 relational returns

 cost-of-living adjustments

 pay



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.



5. Award: 10.00 points




Which of the following best describes relational returns?


 all rewards received by employees, including cash compensation, benefits, and psychological returns

 all forms of financial returns and tangible services that employees receive as part of an employment

 programs that help employees better integrate their work and life responsibilities

 one-time payments for meeting previously established performance objectives

 the psychological returns people believe they receive in the workplace



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.



6. Award: 10.00 points




_____ includes cash compensation, benefits, and relational returns.


 Total compensation

 Total cash benefit

 Total base pay

 Total rewards

 Total incentive



References

Multiple Choice Difficulty: Easy Learning Objective: 01-03 Discuss major components of total
rewards.




Elitestudyvault

, or more ebook/ testbank/ solution manuals requests: email

7. Award: 10.00 points




Which of the following is NOT a form of relational return?


 employment security

 recognition and status

 work-life balance

 challenging work

 learning opportunities



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.



8. Award: 10.00 points




Working with great co-workers is a(n) _____.


 incentive

 entitlement

 relational return

 network of returns

 benefit



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.



9. Award: 10.00 points




Which of the following statements is true about the forms of pay?


 Relational returns are more transactional than total compensation.

 Unlike relational returns, total compensation typically refers to the psychological returns people believe they receive in the workplace.

 Base pay, incentives, and cost-of-living adjustments are the typical relational returns.

 Merit increases refer to the same percentage increase that everyone receives regardless of performance in order to maintain pay levels
relative to increases in the cost of living.

 Base pay tends to reflect the value of the work or skills and generally ignores differences attributable to individual employees.



References

Multiple Choice Difficulty: Medium Learning Objective: 01-03 Discuss major components of total
rewards.




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