Question 1

Pay for executives should supposedly to be tied to:

Accepted Answer

A)  the cost of living index
B)  the financial needs of the employee
C)  the company's financial performance
D)  the company's reputation
E)  the company's growth potentialF) A) and B)
G) A) and C)

Question 2

include psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Accepted Answer

A)  Compensational returns
B)  Relational returns
C)  Subjective returns
D)  Cognitive returns
E)  Qualitative returnsF) B) and D)
G) C) and E)

Question 3

Which of the following is NOT a form of cash compensation?

Accepted Answer

A)  pensions
B)  insurance
C)  stock options
D)  allowances
E)  financial planningF) A) and D)
G) A) and C)

Question 4

Which of the following pay policies lays emphasis on performance?

Accepted Answer

A)  External competitiveness
B)  Management
C)  Employee contributions
D)  Internal alignment
E)  Administration of the pay systemF) B) and E)
G) C) and E)

Question 5

Which of the following is NOT a benefit component of total compensation?

Accepted Answer

A)  allowances
B)  merit increase
C)  relational returns
D)  incentives
E)  cost-of-living adjustmentF) D) and E)
G) None of the above

Question 6

Compensation objectives provide standards for evaluating the effectiveness of the pay system.

Accepted Answer

A) True 
 B)False

Question 7

includes cash compensation, benefits, and relational returns.

Accepted Answer

A)  Total incentive
B)  Total cash benefit
C)  Total base pay
D)  Total compensation
E)  Total rewardF) B) and E)
G) A) and B)

Question 8

Total compensation includes psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Accepted Answer

A) True 
 B)False

Question 9

What are the basic building blocks of a pay model?

Accepted Answer

the techni...

Exam 1: The Pay Model

Total compensation includes psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Correct Answer
verified

includes cash compensation, benefits, and relational returns.

Correct Answer
verified

Compensation objectives provide standards for evaluating the effectiveness of the pay system.

Correct Answer
verified

What are the basic building blocks of a pay model?

Correct Answer
verified
the techni...
View Answer

Pay for executives should supposedly to be tied to:

Correct Answer
verified

include psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Correct Answer
verified

Which of the following is NOT a benefit component of total compensation?

Correct Answer
verified

Which of the following pay policies lays emphasis on performance?

Correct Answer
verified

Which of the following is NOT a form of cash compensation?

Correct Answer
verified

Exam 1: The Pay Model

Total compensation includes psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Correct AnswerverifiedShow Answer

includes cash compensation, benefits, and relational returns.

Correct AnswerverifiedShow Answer

Compensation objectives provide standards for evaluating the effectiveness of the pay system.

Correct AnswerverifiedShow Answer

What are the basic building blocks of a pay model?

Correct Answerverifiedthe techni...View AnswerShow Answer

Pay for executives should supposedly to be tied to:

Correct AnswerverifiedShow Answer

include psychological aspects of work such as recognition and status, challenging work, and learning opportunities.

Correct AnswerverifiedShow Answer

Which of the following is NOT a benefit component of total compensation?

Correct AnswerverifiedShow Answer

Which of the following pay policies lays emphasis on performance?

Correct AnswerverifiedShow Answer

Which of the following is NOT a form of cash compensation?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
the techni...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified