The Salary Talk Quiz
Most managers dread having salary talks with employees. How good are you at doing it? Take the PBP Executive Reports Quiz and find out how. You'll see your score immediately when you complete the quiz and you will even receive a Certificate for taking it. Type in your full name below so it can be added to your Certificate.
- 1.Conversations about salary adjustments should include:
- A.
The employee, manager and a representative from HR
- B.
The employee, manager and an upper level executive
- C.
The employee and manager
- D.
The employee and a representative from HR
- E.
None of the above
- 2.Companies are required to give pay raises each year, except in cases of poor employee performance.
- A.
True
- B.
False
- 3.The No. 1 reason employees leave to take a job at another company:
- A.
They feel like they’re underpaid
- B.
They dislike their immediate supervisor
- C.
They’re seeking a new challenge
- D.
They want a shorter commute
- E.
None of the above
- 4.A company should only make a counter-offer to a departing employee, if:
- A.
The employee can increase company revenue by 3%
- B.
The company can afford to give him or her a pay raise
- C.
The employee agrees to stay for five more years
- D.
The company has resolved the issues that made the employee to look elsewhere
- E.
None of the above
- 5.Depending upon the employee, it is acceptable to establish bonus pay criteria that doesn’t aid the company’s overall goals.
- A.
True
- B.
False
- 6.It is smart for managers to tell employees that they are average employees and are getting an average raise.
- A.
True
- B.
False
- 7.It’s okay to give employees a bigger raise than they deserve, because they:
- A.
Have a child starting college
- B.
Are a single parent
- C.
Their spouse just lost their job
- D.
Have a baby on the way
- E.
None of the above
- 8.If salary and pay raises aren’t explained fully and clearly:
- A.
Employees will let their imaginations run wild and fill in the gaps for you
- B.
The company could run afoul of FMLA rules
- C.
Employees might file a class action lawsuit
- D.
Employees can ask OSHA to investigate
- E.
None of the above
- 9.In 2010, the average compensation for a CEO of a large U.S. corporation is how many times the compensation for an average worker
- A.
57 times
- B.
155 times
- C.
287 times
- D.
364 times
- E.
433 times
- 10.Employees who are doing the same work should get the same pay, even if there is a substantial difference in experience.
- A.
True
- B.
False
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