Ch. 18 Test Bank.pdf - Ch18 Student 1 Which of the following is not a likely consequence of a highly decentralized pay system A B C D 2 Which of the

Ch. 18 Test Bank.pdf - Ch18 Student 1 Which of the...

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Ch18 Student: ___________________________________________________________________________ 1.Which of the following is not a likely consequence of a highly decentralized pay system? A. total labor costs would be reducedB. pay rates would be very unsystematicC. managers would use pay to motivate their own objectivesD. employees are likely to be treated unfairly 2.Which of the following is not tradeoff that would be considered in setting a compensation budget? 3.All of the following are major factors used to manage total labor costs except ________. 4.The most common approach to managing labor costs is _________ 5.____________ is a common effect of layoffs. A. Lower financial gains than expectedB. Unfavorable short-term stock pricesC. Higher moral among remaining employeesD. Productivity gains 6.Contingent workers include all except _____________. 7.The percentage increase that is planned for an organizational unit or company is called ___________.
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8.All of the following except _______ are factors affecting the size of an average wage level increase. 9.The denominator for calculating the current year's rise is ____________. A. average pay at beginning of yearB. average pay at end of yearC. average number of employees during the yearD. None of these 10.___________ is the budgetary approach that begins with an estimate from top management of the pay increase budget for the entire organization. 11.Which of the following has the greatest effect on a planned level rise when an organization has problems with their ability to pay?
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