TEST BANK Pearson Strategic Compensation| Tenth Edition by JOSEPH J. MARTOCCHIO

TEST BANK

Pearson Strategic Compensation| Tenth Edition

by JOSEPH J. MARTOCCHIO


10th Edition

,TABLE OF CONTENTS
CHAPTER 1: STRATEGIC COMPENSATION: A COMPONENT OF HUMAN RESOURCE SYSTEMS 3
CHAPTER 2: CONTEXTUAL INFLUENCES ON COMPENSATION PRACTICE ........................... 22
CHAPTER 3: TRADITIONAL BASES FOR PAY: SENIORITY AND MERIT ................................... 40
CHAPTER 4: INCENTIVE PAY ............................................................................................. 60
CHAPTER 5: PERSON-FOCUSED PAY ................................................................................ 78
CHAPTER 6: BUILDING INTERNALLY CONSISTENT COMPENSATION SYSTEMS .................... 96
CHAPTER 7: BUILDING MARKET-COMPETITIVE COMPENSATION SYSTEMS ....................... 112
CHAPTER 8: BUILDING PAY STRUCTURES THAT RECOGNIZE EMPLOYEE CONTRIBUTIONS . 130
CHAPTER 9: DISCRETIONARY BENEFITS ........................................................................... 147
CHAPTER 10: LEGALLY REQUIRED BENEFITS .................................................................... 164
CHAPTER 11: COMPENSATING EXECUTIVES .................................................................... 182
CHAPTER 12: CONTINGENT WORKERS, REMOTE WORK, AND FLEXIBLE WORK SCHEDULE
ARRANGEMENTS ........................................................................................................... 199
CHAPTER 13: COMPENSATING EXPATRIATES ................................................................... 216
CHAPTER 14: PAY AND BENEFITS OUTSIDE THE UNITED STATES ....................................... 233

,chapter 1: strategic compensation: a component of human resource
systems
1) refers to the design and implementation of compensation systems to reinforce
the objectives of both hr strategies and competitive business strategies.

a) extrinsic compensation

b) strategic compensation

c) strategic analysis

d) intrinsic compensation

Answer>> b

difficulty: moderate skill:concept

aacsb: analytical thinking

lo: 1.1: define strategic compensation.



2) protection programs are what type of compensation benefits?

a) external

b) non-monetary rewards

c) internal

d) monetary

Answer>> b

difficulty: moderate skill:concept

aacsb: analytical thinking

lo: 1.1: define strategic compensation.

3) which of the following is not an example of a core compensation?

a) medical insurance

b) end-of-year bonuses

c) merit pay

, d) monetary compensation

Answer>> a

difficulty: moderate skill:concept

aacsb: reflective thinking

lo: 1.1: define strategic compensation.




4) since the covid-19 epidemic restrictions eased and allowed employees to return to work,
many companies have been offering higher pay increases. approximately, how much have pay
increases been?

a) less than 2%

b) 2% up to 2.9%

c) 3% up to 3.8%

d) 4% or more

Answer>> d

difficulty: challenging skill: concept

aacsb: application of knowledge lo: 1.1: define strategic compensation.

5) employee benefits refer to .

a) salary and bonuses

b) monetary compensation

c) nonmonetary rewards

d) effective compensation practices

Answer>> c

difficulty: easy skill: concept

aacsb: reflective thinking

lo: 1.1: define strategic compensation.

6) which of the following is a specific tactical hr compensation decision?