Question $1(1$ point$)$

Saved

Procedural equity refers to the perceived fairness of the process and procedures used to make decisions regarding the allocation of pay.

Question $1$ options:

True

False

Question $2(1$ point$)$

Saved

Computerized job evaluation systems have two main components:

Question $2$ options:

a$)$

wage and salary surveys

b$)$

structured questionnaire and statistical models

c$)$

external and internal benchmarks

d$)$

professional and government surveys

e$)$

wage curves and pay ranges

Question $3(1$ point$)$

Saved

Job evaluation is:

Question $3$ options:

a$)$

the determination how much pay an individual should receive.

b$)$

the rating provided by a manager.

c$)$

a method comparing the relative worth of jobs with the organization.

d$)$

the rating of the importance of a job to the organization.

Question $4(1$ point$)$

Saved

The primary function of a job evaluation committee is which of the following?

Question $4$ options:

a$)$

Determining contracts for each job

b$)$

Determining pay ranges for each job

c$)$

Evaluating the total rewards for each job

d$)$

Determining the job classes for each job

e$)$

Evaluating the worth of each job

Question $5(1$ point$)$

Saved

The purpose of pay equity legislation is to eliminate discrimination based on age and ethnicity.

Question $5$ options:

True

False

Question $6(1$ point$)$

Saved

Who do unions think is best able to judge the relative value of a job?

Question $6$ options:

a$)$

The immediate manager

b$)$

The HR manager

c$)$

The top company executives

d$)$

The workers themselves

e$)$

A third$-$party labour consultant

Question $7(1$ point$)$

Saved

Victoria has been a contract worker for a construction company and has just been offered a full$-$time, non$-$contract position. She will now receive additional benefits, such as employer$-$paid insurance and an extra paid vacation. What are these components of employee compensation called?

Question $7$ options:

a$)$

Indirect deposits

b$)$

Indirect financial payments

c$)$

Variable payments

d$)$

Direct deposits

e$)$

Direct financial payments

Question $8(1$ point$)$

Saved

What does job evaluation determine?

Question $8$ options:

a$)$

Performance appraisals of individuals to the group

b$)$

Promotability of employees who are not yet managers

c$)$

Merit reviews of individuals to the group

d$)$

The relative value of an individual's career earnings to the group's

e$)$

The relative worth of jobs within a firm

Question $9(1$ point$)$

Saved

Which of the following are the two main components of employee compensation?

Question $9$ options:

a$)$

Payroll costs and government taxes

b$)$

Direct and indirect financial payments

c$)$

Regular pay and bonuses

d$)$

Salary or wages and overtime pay

e$)$

Earnings and incentives

Question $10(1$ point$)$

Saved

Fareena runs a small manufacturing company. A worker hurt his hand on a vertical grinding machine. Fareena filed the proper legal documents quickly so that the worker could receive benefits while recovering from his injury. Which type of legislation did Fareena adhere to$?$

Question $10$ options:

a$)$

Pay equity

b$)$

Workers' compensation

c$)$

Human rights

d$)$

Overtime pay

e$)$

Pensions

Question $11(1$ point$)$

Saved

In today$$s market, remember compensation is the most important thing when hiring Generation Z employees.

Question $11$ options:

True

False

Question $12(1$ point$)$

Saved

Alan was rated as excellent on his individual work performance evaluation, earning him $$2,000,$ provided as a merit pay increase. His annual salary this year is $$48,000.$ He works in a team of $3$ people. What is likely to happen?

Question $12$ options:

a$)$

His annual salary will be reduced to $$46,000$ this year to adjust for the bonus.

b$)$

His base salary next year will be increased to $$50,000.$

c$)$

He will get $1/3$ of his bonus, and the other $2/3$rds will be redistributed among his co$-$workers.

d$)$

He will be automatically granted the $$2,000$ bonus next year.

e$)$

There will be no change to his base pay.

Question $13(1$ point$)$

Saved

What is Victor Vroom's term for the perceived relationship between successful performance and actually obtaining the reward?

Question $13$ options:

a$)$

Motivation

b$)$

Valence

c$)$

Hygiene

d$)$

Expectancy

e$)$

Instrumentality

Question $14(1$ point$)$

Saved

Which type of incentive plan engages many or all employees in a common effort and is designed to reward those employees for improvements in productivity?

Question $14$ options:

a$)$

An employee share purchase plan

b$)$

An employee stock ownership plan

c$)$

A profit$-$sharing plan

d$)$

A performance bonus plan

e$)$

A gainsharing plan

Question $15(1$ point$)$

Saved

It is commonly said that companies "get what they pay for," so good pay is the most important thing to consider when hiring.

Question $15$ options:

True

False

Question $16(1$ point$)$

Saved

According to Frederick Herzberg what kind of factor is salary?

Question $16$ options:

a$)$

Hygiene

b$)$

Motivator

c$)$

High$-$level

d$)$

Intrinsic

e$)$

Premium