Question: please help and if can answer all 1. Pay for performance awards which not scheduled, but are lump sum bonuses given for exceptional performance on
please help and if can answer all
1. Pay for performance awards which not scheduled, but are lump sum bonuses given for exceptional performance on a project or customer service, are called;
a. service awards
b. piecework awards
c. spot awards
2. The likely reason Employee Stock Option Plans (ESOPs) have not spread to many organizations is;
a. employees don't see any connection between their daily performance and the stock price when they exercise their options.
b. federal regulations have limited their appeal due to increased administration.
c. they are too difficult for employees to understand.
3. The Office of Personnel Management (OPM) , a large public sector federal organization, tried to introduce marit - based pay increases where employees evaluated average or higher, found the same problem that many private sector firms have found, which was;
a. an extremely high percentage of employees qualified for merit increases.
b. Employees did not understand the merit system.
c. Supervisors did not like the merit system.
4. American Express offers a unique individual incentive plan which pay $200 toward an employee's health care premium if the employee;
a. walks 2.5 miles per day.
b. becomes a vegetarian
c. stops smoking
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