Reward Management
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
- 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’
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