Reward Management

10 Questions

Settings
Please wait...
Management Quizzes & Trivia

Please write "Group M" in the "First Name" field and your group number in the "Last Name" field. Example for group M6: First Name: Group M Last Name: 6


Questions and Answers
  • 1. 
    The reward objectives emphasize the linkage between:
    • A. 

      Reward system and employees’ attitudes and behaviors

    • B. 

      Pay and employee attitudes

    • C. 

      Job evaluation and employee attitudes and behaviors

  • 2. 
    Under job-based pay systems ________ is the most common method used to establish the relative value of different jobs inside the organization.
    • A. 

      Job analysis

    • B. 

      Job evaluation

    • C. 

      Performance appraisal

  • 3. 
    The Towers Perrin model is a matrix with four quadrants:
    • A. 

      Pay, benefits, pension, and learning and development

    • B. 

      Pay, benefits, pension, and work environment

    • C. 

      None of the above

  • 4. 
    Simple, fast and expensive are advantages of which method?
    • A. 

      Point Method

    • B. 

      Factor Comparison

    • C. 

      Ranking

  • 5. 
    What is meant by ‘New Pay Agenda’?
    • A. 

      A closer fit between the reward system and corporate strategy

    • B. 

      A result based on individual performance

    • C. 

      A model based on cost of living and labor market

  • 6. 
    Bonuses, Salary raise and Gifts are examples of:
    • A. 

      Extrinsic Rewards

    • B. 

      Intrinsic Rewards

    • C. 

      Non-Financial Rewards

  • 7. 
    Collective bargaining:  The framework within which negotiations over pay and working time take place.
    • A. 

      True

    • B. 

      False

  • 8. 
    Gender pay gap is no longer visible in nowadays workplace.
    • A. 

      True

    • B. 

      False

  • 9. 
    Team based pay scheme would cause a tension in the workplace because:
    • A. 

      Of economic reasons

    • B. 

      Of the ‘Free-rider’ problem

    • C. 

      It undermine workers’ ‘intrinsic motivation’