Question $15$

$0\mathrm{.}05$ pts

Robert, the CEO of GameTrack Corporation, wants to restructure its pay plan without increasing labor costs in the long run. He is most likely to achieve this, while retaining his top employees, by:

Group of answer choices

increasing base pay and decreasing variable pay.

increasing incentive pay and decreasing base pay.

hiring more employees and reducing marginal product output requirements.

providing across$-$the$-$board increases on a monthly basis.

$$

Flag question: Question $16$

Question $16$

$0\mathrm{.}05$ pts

The degree to which pay influences individual and aggregate motivation among employees at any point in time is referred to as a$($n$)$:

Group of answer choices

sorting effect.

incentive effect.

turnover effect.

directional effect.

$$

Flag question: Question $17$

Question $17$

$0\mathrm{.}05$ pts

Which of the following are defined as comparisons among individuals doing the same job for the same organization?

Group of answer choices

Network of returns

Compliance

Employee contributions

Relational returns

$$

Flag question: Question $18$

Question $18$

$0\mathrm{.}05$ pts

Which of the following policy decisions directly affects employees' attitudes and work behaviors?

Group of answer choices

Employee contributions

Internal alignment

External competitiveness

Management

$$

Flag question: Question $19$

Question $19$

$0\mathrm{.}05$ pts

Which of the following statements concerning cash compensation and the Fair Labor Standards Act is true?

Group of answer choices

Nonexempt employees have their pay calculated at an hourly wage.

Exempt workers receive overtime pay.

Managers and professionals usually fit the category of nonexempt worker.

Labeling all base pay as "salary" means the employer does not have to follow the FLSA regulations.

$$

Flag question: Question $20$

Question $20$

$0\mathrm{.}05$ pts

Compensation policy choices that affect the pay level relative to other companies are most closely associated with the$\_\_\_\_\_\_\_\_\_$ aspect of the pay model.

Group of answer choices

internal alignment

external competitiveness

employee contribution

pay system management

$$

Flag question: Question $21$

Question $21$

$0\mathrm{.}05$ pts

Which of the following is given as an increment to base pay in recognition of past work behavior?

Group of answer choices

Merit bonuses

Relational returns

Merit increases

A short$-$term incentive

$$

Flag question: Question $22$

Question $22$

$0\mathrm{.}05$ pts

Unlike merit increases, merit bonuses are

Group of answer choices

distributed in every quarter.

based on duration of service.

paid in the form of a lump sum.

included in the base salary.

$$

Flag question: Question $23$

Question $23$

$0\mathrm{.}05$ pts

$\_\_\_\_\_\_\_\_\_$ refers to the process used to make pay decisions.

Group of answer choices

Procedural fairness

Relational return

Regression analysis

Internal alignment

$$

Flag question: Question $24$

Question $24$

$0\mathrm{.}05$ pts

Which of the following is often the largest component in an executive pay package?

Group of answer choices

Base pay

Stock options

Merit bonuses

Incentives

$$

Flag question: Question $25$

Question $25$

$0\mathrm{.}05$ pts

According to the text, which of the following decisions should be made jointly?

Group of answer choices

Internal alignment and management decisions

External competitiveness and employee contribution decisions

Employee contribution and internal alignment decisions

Management and external competitiveness decisions

$$

Flag question: Question $26$

Question $26$

$0\mathrm{.}05$ pts

Whole Foods' shared$-$fate philosophy of limiting executive salaries to no more than $19$ times the average pay of full$-$time employees is an example of which strategic pay decision?

Group of answer choices

External competitiveness

Employee contributions

Corporate responsibility

Internal alignment

$$

Flag question: Question $27$

Question $27$

$0\mathrm{.}05$ pts

Research investigating high$-$performance workplaces found that performance$-$based pay $\_\_\_\_\_\_\_\_\_$ when combined with other high$-$performance practices.

Group of answer choices

improves attitudes and behaviors

increases the number of middle men required

reduces labor costs

has little effect on quality

$$

Flag question: Question $28$

Question $28$

$0\mathrm{.}05$ pts

Work$/$life balance is most closely associated with the $\_\_\_\_\_\_\_\_\_$ aspect of mapping a total compensation strategy.

Group of answer choices

external competitiveness

objectives

internal alignment

employee contributions

$$

Flag question: Question $29$

Question $29$

$0\mathrm{.}05$ pts

Career growth, hierarchy, and flexible design are most closely associated with the $\_\_\_\_\_\_\_\_\_$ aspect of mapping a total compensation strategy.

Group of answer choices

objectives

internal alignment

external competitiveness

employee contributions

$$

Flag question: Question $30$

Question $30$

$0\mathrm{.}05$ pts

$\_\_\_\_\_\_\_\_\_$ refers to openness and communication about pay.

Group of answer choices

Transparency

Ownership

Prominence

Centrality