2.According to the text, if women had the same education, experience, and union coverage as men and also worked in the same industries and occupations, they would be expected to earn about _____ of what men earn. ŸD. 90% 6. _____ would be most concerned about executive pay. ŸD. Stockholders 7. _____ would be most concerned about compensation as a major expense. ŸA. Managers 8. The primary reason compensation is important to managers is because: ŸB. it influences employee behavior. 9. Employees view compensation as all but which of the following? ŸD. An investment 10. The degree to which pay influences individual and aggregate motivation among the employees at any point in time is referred to as ŸB.incentive effect. 14. Which of the following are given as increments to the base pay in recognition of past work behavior? ŸC. Merit pay 15. Which form of pay is likely to be least expensive for employers? ŸA. Incentive 16. Employees who want to be sure their good performance will be rewarded will prefer ŸC. individual incentives. 17. Variable pay may also be called ŸD. Incentives 18. Which of the following is the largest component in an executive pay package? ŸB. Stock options 19. A company that says its relatively low starting pay will be offset by larger future pay increases is using the concept of _____. ŸA. present-value 20. All of the following have direct financial costs for an employer except: ŸB. relational returns 21. Which of the following is not an objective in the pay model? ŸD. Productivity 24. Which of the following is not a policy in the pay model? ŸA. Fairness 25. Performance, quality, customers, stockholders and costs are components of which of the objectives of the pay model? ŸC. Efficiency 26. _____ implies that the way a pay decision is made may be as important to employees as the results of that decision. ŸA. Fairness 27. _____ refers to comparisons among jobs or skills inside a single organization. ŸB. Internal alignment 28. Which of the following policy choices has the greatest effect on employees' decisions to stay with the organization and to seek additional training and responsibilities? ŸC. Internal alignment 29. Managers seek internal alignment within their organization by: ŸD. paying on the basis of similarities among jobs. 30. Compensation policy choices affecting pay level are most closely associated with _____. ŸB. external competitiveness 32. Choices among pay for performance, flat rate pay and profit sharing are examples of _____ policy decisions. ŸC. employee contributions 33. Which of the following decisions directly affects employees' attitudes and work behaviors? ŸA. Employee contributions 34. According to the text, which of the following decisions should be made jointly? ŸB. External competitiveness and Employee contribution 35. Which of the following decisions answers the "So What" question? ŸD. Management
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