Question: In order for a team-based pay system to be effective, it must be implemented in an organization that possesses a: a. centralized decision making system.

In order for a team-based pay system to be effective, it must be implemented in an organization that possesses a: a. centralized decision making system. b. culture that values integrity. c. growth-oriented corporate strategy. d. decentralized decision making system. During the collective bargaining process, mandatory bargaining issues include: a. base wages. b. overtime. c. layoff procedures. d. All of these are correct. Which of the following is(are) true regarding compensation systems? a. Direct compensation includes legally required and optional benefits b. Indirect compensation includes base pay and incentive pay c. Legally required benefits include retirement/pension plans d. Stock options are a type of incentive pay

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