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A the amount that will be made available should be

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(a) The amount that will be made available should be clear. (b) All employees should be equally productive. (c) Individual standards should be used. (d) The procedures to be used to determine the incentive amount should be fair. (e) The standards must be communicated orally to all employees. The correct alternative is 1 a and b 2 b and c 3 a and d 4 b and e 5 d and e 3 The effectiveness of an incentive system depends on three factors: (a) efficiency (b) fairness (c) legal compliance (d) strategy (e) standards The correct alternative is 1 a, b and c 2 a, b and d 3 b, c and d 4 b, c and e 5 a, c and e
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13 MNH306-K/101 4 You work for a small business and must explain to the owner the importance of providing benefits such as medical aid and pension. Which one of the following can be used as a motivation? 1 Benefits are cheaper than paying salaries. 2 It is easier to administer benefits than it is to administer salaries. 3 Benefits help to retain employees. 4 Benefits remain constant, while salaries have to be increased every year. 5 Employers can pay smaller salaries. 5 Marius works for a company that produces small electronic components. He and his team receive a bonus if they can produce more components with fewer mistakes, but using the same number of parts (in other words there is less waste). This is an example of a _____________________ incentive plan. 1 once-off team bonus based on team performance 2 gain-sharing plan 3 profit-sharing plan 4 merit plan 5 employee stock ownership plan 6 Annemarie receives the following benefits. Which of these are cash benefits? (a) car allowance (b) travel abroad (c) housing loan (d) pension (e) group life insurance The correct alternative is 1 a 2 b 3 a and b 4 b and c 5 c, d and e 7 In South Africa, organisations are legally required to provide the following benefits: (a) medical aid, pension fund and housing subsidy (b) vacation leave, sick leave and maternity leave (c) unemployment insurance and compensation for occupational injuries and diseases (d) medical aid, pension fund and vacation leave (e) maternity leave, medical aid and pension fund 1 a and d 2 b and c 3 a and c 4 b and d 5 a and b
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14 8 Mineworkers and domestic servants both do unskilled work, but mineworkers generally get higher salaries than domestic servants, because of the dangerous work they do. This is an example of 1 efficiency wage labour demand theory 2 labour demand exceeding labour supply 3 union interference in the determination of wages 4 compensating differentials labour demand theory 5 labour supply exceeding labour demand 9 Vusi must evaluate the jobs of a group of design engineers in a company that is responsible for the design and manufacturing of components for the telecommunications market. Vusi should use the following approach to job evaluation: 1 skills-based 2 job analysis 3 job evaluation 4 competency based 5 performance appraisal 10 The final result of job analysis and job evaluation is: 1 a salary structure 2 a job description 3 a job specification 4 a job incentive system 5 a job assessment value T o t a l [ 1 0 ]
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15 MNH306-K/101 ASSIGNMENT 03 This assignment must NOT
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a The amount that will be made available should be clear b...

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