Test Bank for Strategic Compensation A Human Resource Management Approach, 11th Edition by Joseph J. Martocchio Chapters 1-14 Covered

Test Bank
Strategic Compensation A Human Resource Management
Approach, 11th Edition by Joseph J. Martocchio
Chapters 1-14 Covered




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,TABLE OF CONTENT
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PART 1: SETTING THE STAGE FOR STRATEGIC COMPENSATION
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1. Strategic Compensation: A Component of Human Resource Systems
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2. Contextual Influences on Compensation Practice
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PART 2: BASES FOR PAY
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3. Traditional Bases for Pay: Seniority and Merit
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4. Incentive Pay g



5. Person-Focused Pay g




PART 3: DESIGNING COMPENSATION SYSTEMS
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6. Building Internally Consistent Compensation Systems
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7. Building Market-Competitive Compensation Systems
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8. Building Pay Structures that Recognize Employee Contributions
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PART 4: EMPLOYEE BENEFITS
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9. Discretionary Benefits g



10. Legally Required Benefits
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PART 5: CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES
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11. Compensating Executives g



12. Contingent Workers, Remote Work and Flexible Work Schedule Arrangements
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PART 6: COMPENSATION ISSUES AROUND THE WORLD
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13. Compensating Expatriates g



14. Pay and Benefits outside the United States
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, All Chapters ✅
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Answers Included
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StrategicgCompensation:gAgHumangResourcegManagementgApproach,g11eg(Martocchio)
g Chapterg1 StrategicgCompensation:gAgComponentgofgHumangResourcegSystems

1)gg refersgtogthegdesigngandgimplementationgofgcompensationgsystemsgtogreinforcegthe

objectivesgofgbothgHRgstrategiesgandgcompetitivegbusinessgstrategies.
A) Extrinsicgcompensation
B) Strategicgcompensation
C) Strategicganalysis
D) Intrinsicgcompensation
gAnswer:ggg B

Difficulty:gg Moderateg Skill:
gg Concept

AACSB:gg AnalyticalgThinking
LO:gg 1.1:gDefinegstrategicgcompensation.

2) Protectiongprogramsgaregwhatgtypegofgcompensationgbenefits?
A) External
B) Non-monetarygrewards
C) Internal
D) Monetarygg Answer:
ggg Bg Difficulty:gg Moder

ateg Skill:gg Concept
AACSB:gg AnalyticalgThinking
LO:gg 1.1:gDefinegstrategicgcompensation.

3) WhichgofgthegfollowinggisgNOTgangexamplegofgagcoregcompensation?
A) Medicalginsurance
B) End-of-yeargbonuses
C) Meritgpay
D) Monetarygcompensation
g Answer:ggg A

Difficulty:gg Moderateg Skill:
gg Concept

AACSB:gg ReflectivegThinking
LO:gg 1.1:gDefinegstrategicgcompensation.




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, 4) SincegthegCOVID-
19gepidemicgrestrictionsgeasedgandgallowedgemployeesgtogreturngtogwork,gmanygcompaniesghav
egbeengofferingghighergpaygincreases.gApproximately,ghowgmuchghavegpayg increasesgbeen?
A) Lessgthang2%
B) 2%gupgtog2.9%
C) 3%gupgtog3.8%
D) 4%gorgmore
gAnswer:ggg D

Difficulty:gg ChallenginggSk
ill:gggConcept
AACSB:gggApplicationgofgKnowledgegLO:gg
1.1:gDefinegstrategicgcompensation.

5) Employeegbenefitsgrefergto .
A) salarygandgbonuses
B) monetarygcompensation
C) nonmonetarygrewards
D) effectivegcompensationgpractice
sgAnswer:gggC
Difficulty:gggEasygSkill:gg
gConcept

AACSB:gg ReflectivegThinking
LO:gg 1.1:gDefinegstrategicgcompensation.

6) WhichgofgthegfollowinggisgagspecificgtacticalgHRgcompensationgdecision?
A) Performancegappraisal
B) Senioritygpay
C) Recruitment
D) TrainingggggAnswer:g
gg BgDifficulty:gg Modera

tegSkill:gggConcept
AACSB:gg AnalyticalgThinking
LO:gg 1.1:gDefinegstrategicgcompensation.

7)gg compensationgrefersgtogthegmentalgstategofgemployeesgasgagresultgofgtheir

performancegongthegjob.
A) Intrinsic
B) Extrinsic
C) Core
D) MonetaryggAnswer:
ggg AgDifficulty:gg Moder

ategSkill:gggConcept
AACSB:gg ReflectivegThinking
LO:gg 1.1:gDefinegstrategicgcompensation.

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