Question

QUESTION 4

1. Which of the following is not a major advantage of incentive plans?

   		Incentives are a means to reward all levels of performance when salary budgets are low.
   		Incentives foster teamwork when payments to individuals are based on team results.
   		Incentive payouts are variable costs linked to the achievement of results.

4 points   

QUESTION 5

1. Which of the following is not a recommendation for a drug-free workplace policy?

   		Perform post-employment drug testing on all new hires.
   		Maintain strict confidentiality of all test results.
   		Utilize the services of a medical review officer for all positive drug test results.

4 points   

QUESTION 6

1. A pay-for-performance standard serves to raise productivity and lower labor costs in today's competitive economic environment.

   True

   False

4 points   

QUESTION 7

1. A major concern of executive compensation involves:

   		timing of the bonus.
   		the amount of compensation.
   		the lack of perquisites.
   		lack of objective market data.

Answer 1

QUESTION 4

Which of the following is not a major advantage of incentive plans?

Ans: Incentives are a means to reward all levels of performance when salary budgets are low.

QUESTION 5

Which of the following is not a recommendation for a drug-free workplace policy?

Ans: Perform post-employment drug testing on all new hires

QUESTION 6

A pay-for-performance standard serves to raise productivity and lower labor costs in today's competitive economic environment.

Ans: True

QUESTION 7

A major concern of executive compensation involves:

Ans: the amount of compensation