part 4

Question 1

consists of the relative pay for different jobs within the organization. It establishes relative pay among different functions and different levels of responsibility

Answer 1

job structure

Question 2

is the average amount (including wages, salaries, and bonuses) the organization pays for a particular job

Answer 2

pay level

Question 3

legal requirements for pay

Answer 3

equal employment opportunity, minimum wage

Question 4

Two employees who do the same job cannot be paid different wages because of gender, race, or age

Answer 4

equal employment opportunity

Question 5

the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period

Answer 5

minimum wage

Question 6

pay specifically designed to energize, direct, or control employees’ behavior. (____) is influential because the amount paid is linked to certain predefined behaviors or outcomes

Answer 6

incentive pay

Question 7

kinds of incentive pay

Answer 7

individual, group, organizational, for executives

Question 8

A wage based on the amount workers produce

Answer 8

piecework rates

Question 9

An incentive plan that pays workers extra for work done in less than a preset “standard time.”

Answer 9

standard hour plans

Question 10

A system of linking pay increases to ratings on performance appraisals

Answer 10

merit pay

Question 11

performance bonuses reward individual performance, but bonuses are not rolled into base pay

Answer 11

individual bonuses

Question 12

A variation on piece rates and bonuses is the payment of commissions, or pay calculated as a percentage of sales

Answer 12

sales commissions

Question 13

pay where employees must cooperate and share knowledge so that the entire group can meet its performance targets

Answer 13

pay for group performance

Question 14

Group incentive program that measures improvements in productivity and effectiveness and distributes a portion of each gain to employees

Answer 14

gainsharing

Question 15

In contrast to gainsharing plans, which typically reward the performance of all employees at a facility, bonuses for group

Answer 15

group bonuses and team awards

Question 16

two important ways organizations measure their performance

Answer 16

profits, stock price

Question 17

payments are a percentage of the organization’s profits and do not become part of the employees’ base salary

Answer 17

profit sharing

Question 18

While profit-sharing plans are intended to encourage employees to “think like owners,” a (__________) plan actually makes employees part owners of the organization

Answer 18

stock ownership

Question 19

Because executives have a much stronger influence over the organization’s performance than other employees do, incentive pay for executives warrants special attention

Answer 19

incentive pay for executives

Question 20

contribute to attracting, retaining, and motivating employees

Answer 20

benefits

Question 21

(4)
benefits required by law

Answer 21

social security, unemployment insurance, worker’s compensation, health care benefits

Question 22

Workers who meet eligibility requirements receive the retirement benefits according to their age and earnings history

Answer 22

social security

Question 23

A mandated program to minimize the hardships of unemployment through payments to unemployed workers, help in finding new jobs, and incentives to stabilize employment

Answer 23

unemployment insurance

Question 24

It helps workers with the expenses resulting from job-related accidents and illnesses

Answer 24

worker’s compensation

Question 25

a complex package of changes in how health care is to be paid for, including requirements for insurance companies, incentives and penalties for employers providing health insurance as a benefit, expansion of public funding

Answer 25

health care benefits

Question 26

(7) selected benefit programs

Answer 26

a) Medical Care
b) Dental Care
c) Short-Term Disability Insurance
d) Long-Term Disability Insurance
e) Retirement Plans
f) Life Insurance
g) Paid Vacations

Question 27

kinds/type of benefits required by law

Answer 27

public, private

Question 28

public benefits

Answer 28

gsis, pag-ibig fund, phil-health

Question 29

private benefits

Answer 29

sss