HRM 598 Week 1 Quiz
1. One of the reasons why the great majority of the uninsured in the
United States are from working families is that
Many smaller employers are much less likely to offer health
insurance than larger employers.
2. Total CEO annual compensation at S&P 500 companies is roughly
$12.3 million. At just over half that total ($6.5 million), which
compensation component comprises the majority of that total
compensation amount?
Stock grants
3. Robert, the CEO of GameTrack Corporation, wants to restructure its
pay plan without increasing labor costs in the long run. He is most
likely to achieve this, while retaining his top employees, by:
Increasing incentive pay and decreasing base pay
4. The degree to which pay influences individual and aggregate
motivation among employees at any point in time is referred to as
a(n):
Incentive effect
5. Managers seek internal alignment within their organization by:
Paying on the basis of similarities among jobs
6. Which of the following is given as an increment to base pay in
recognition of past work behavior?
Merit increases
7. Variable pay may also be called
Incentives
8. Which of the following is a policy, and NOT an objective, of the pay
model?
Competitiveness
9. You are an HR manager, and your boss has told you to find the best
way to raise job performance. After some research, you find that
_________ have the greatest instrumental value.
Monetary incentives
,10. Which of the following are defined as comparisons among
individuals doing the same job for the same organization?
Employee contributions
11. _________ is the key to attracting, retaining, and motivating
employees with the abilities necessary to execute the business
strategy and handle greater decision-making responsibilities.
Compensation
12. _________ refers to a wide range of factors, including legal and
regulatory requirements, cultural differences, changing workforce
demographics, expectations, and the like.
Context
13. The alignment test _____
Helps ensure passing the differentiation test
14. Research shows that _________ will effectively shift an
organization in a downward performance spiral into an upward one.
It is unclear what compensation practices
15. Comparisons based on the forms of compensation used by other
companies are part of:
External competitiveness
16. The role non- HR managers play in making pay decisions is called:
Ownership
17. Which of the following statements is true of compensation
strategies?
Compensation strategies may differ within a company,
especially one with a variety of business units.
18. A compensation system that focuses on competitor’s labor costs is
most closely associated with a(n) _________ strategy.
Cost-cutter
19. When interpreting research evidence concerning compensation
strategy, it is thought that embedding compensation strategy within
the broader _________ affects results.
Corporate strategy
20. Career growth, hierarchy, and flexible design are most closely
associated with the _________ aspect of mapping a total
compensation strategy.
, Internal alignment
1. One of the reasons why the great majority of the uninsured in the
United States are from working families is that
Many smaller employers are much less likely to offer health
insurance than larger employers.
2. Total CEO annual compensation at S&P 500 companies is roughly
$12.3 million. At just over half that total ($6.5 million), which
compensation component comprises the majority of that total
compensation amount?
Stock grants
3. Robert, the CEO of GameTrack Corporation, wants to restructure its
pay plan without increasing labor costs in the long run. He is most
likely to achieve this, while retaining his top employees, by:
Increasing incentive pay and decreasing base pay
4. The degree to which pay influences individual and aggregate
motivation among employees at any point in time is referred to as
a(n):
Incentive effect
5. Managers seek internal alignment within their organization by:
Paying on the basis of similarities among jobs
6. Which of the following is given as an increment to base pay in
recognition of past work behavior?
Merit increases
7. Variable pay may also be called
Incentives
8. Which of the following is a policy, and NOT an objective, of the pay
model?
Competitiveness
9. You are an HR manager, and your boss has told you to find the best
way to raise job performance. After some research, you find that
_________ have the greatest instrumental value.
Monetary incentives
,10. Which of the following are defined as comparisons among
individuals doing the same job for the same organization?
Employee contributions
11. _________ is the key to attracting, retaining, and motivating
employees with the abilities necessary to execute the business
strategy and handle greater decision-making responsibilities.
Compensation
12. _________ refers to a wide range of factors, including legal and
regulatory requirements, cultural differences, changing workforce
demographics, expectations, and the like.
Context
13. The alignment test _____
Helps ensure passing the differentiation test
14. Research shows that _________ will effectively shift an
organization in a downward performance spiral into an upward one.
It is unclear what compensation practices
15. Comparisons based on the forms of compensation used by other
companies are part of:
External competitiveness
16. The role non- HR managers play in making pay decisions is called:
Ownership
17. Which of the following statements is true of compensation
strategies?
Compensation strategies may differ within a company,
especially one with a variety of business units.
18. A compensation system that focuses on competitor’s labor costs is
most closely associated with a(n) _________ strategy.
Cost-cutter
19. When interpreting research evidence concerning compensation
strategy, it is thought that embedding compensation strategy within
the broader _________ affects results.
Corporate strategy
20. Career growth, hierarchy, and flexible design are most closely
associated with the _________ aspect of mapping a total
compensation strategy.
, Internal alignment
