Question

With which type of gain sharing plan bases employee bonuses on the difference between the number...

  1. With which type of gain sharing plan bases employee bonuses on the difference between the number of labour hours a firm should have used with the number of labour hours actually used during a specific period?

  1. Lincoln
  2. Rucker
  3. Improshare
  4. Scanlon

  1. In Vroom’s Theory of Motivation, motivation is equal to E * I*V, where I represents:

  1. intrinsic needs
  2. internalization
  3. instrumentality
  4. imperative action
  1. Sharon is a sales clerk at Bay view motors. She typically works 40 hours per week and her pay is completely based on sales. She earns a 5% commission for every sale she makes. Which of the following terms BEST describes the compensation philosophy at Bay View Motors?

  1. Performance based compensation
  2. Meet the market compensation
  3. Entitlement compensation
  4. Lead the market compensation

  1. If a pregnant worker on maternity leave can prove by way of medical certificate that as a result of illness arising from that pregnancy she requires additional period of absence from work, what is the maximum extension of leave which can be granted to her?

  1. 5 weeks
  2. 10 weeks
  3. 12 weeks
  4. 14 weeks

  1. What are the recommended steps accompany should take to establish pay rates while ensuring external, internal equity?

  1. Salary surveys, pricing pay grades, grouping similar jobs, job evaluation, developing pay ranges
  2. Pricing pay grades, grouping similar jobs, developing pay ranges, salary surveys, job evaluation
  3. Job evaluation, salary surveys, pricing pay grades, developing pay ranges, grouping similar jobs
  4. Salary surveys, job evaluation, group similar jobs into pay grades, pricing pay grades developing pay ranges

Homework Answers

Answer #1

Improshare..

(An improshare plan is a type of gainsharing plan which is based on a measure of changes in the relationship between outputs and the time required to produce them)..

Instrumentality..

(In Vroom's theory Motivation= (E × I × V), where E represent expectancy, I instrumentality, and V valence)..

Performance Based Compensation..

(In Performance based compensation employers pay employee for a specific outcome or sales. it's totally based on their sales performance)..

12 Weeks..

(As per government act, 1993)..

D) Salary surveys, job evaluation, group similar jobs into pay grades, pricing pay grades developing pay ranges

(Please give an up vote if you find it helpful)..

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