HSM 251 exam 2 - UA comprehensive Questions and Answers with 100%
Correct Answers | Latest Version Already Graded A+
incentive and benefits administration - (ANSWER)combining incentives or benefits with pay
compensation to provide total compensation package to employees, ask employees how to structure the
program, and individual and group performance is higher when linked to pay
8 critical characteristics of effective incentive program - (ANSWER)-directed toward attaining specific
goals that employees can understand
-goals must be fair and easy to measure
-must be room for improvement in productivity or performance
-goals must be attainable
-rewards must be substantial enough to encourage effort
-increases in productivity and performance should be tied to other rewards
-rewards must be linked to output
-rewards should be administered quickly to reinforce reason
advantages of incentive programs - (ANSWER)- Retain quality employees
- Increase productivity
- Reduce labor costs
- Increase employee focus on organizational objectives
Barriers to Implementing Pay-for Performance Systems - (ANSWER)-rewards are set to low to produce an
incentive
-measure for success are not clearly defined
-supervisors resist performance appraisals
-union opposes system
-requires company to pay attention to detail , any may be unwilling to do this
Individual Incentives - (ANSWER)most useful when work involved is not to interdependent or when
individual improvement most benefits the organization
, HSM 251 exam 2 - UA comprehensive Questions and Answers with 100%
Correct Answers | Latest Version Already Graded A+
Group Incentives - (ANSWER)most useful when cooperation and coordination are program's goals, or
when manager believes that teamwork is an appropriate part of organizational goal
Types of Individual Incentive Programs - (ANSWER)-piecework incentive
-standard hour
-commission
-bonus
-pay for knowledge
-merit pay
Piecework Programs - (ANSWER)based on theory or rewarding employees who exceed established
minimums of productivity
Standard Hour Programs - (ANSWER)Number of units completed per hour or per day, generally
combined with low minimum base wage
Commissions - (ANSWER)given individual based on sales, service or both, sales personnel often receive
commission
Bonus Plan - (ANSWER)given when managers and employees attain predetermined goals, and can be
organizational wide or individual
Pay for Knowledge - (ANSWER)bases reward on the goals an employee reaches beyond those that are
specifically require by current job
Merit Pay - (ANSWER)clearly link rewards to performance
Disadvantages of Individual Incentive Programs - (ANSWER)-require administration
Correct Answers | Latest Version Already Graded A+
incentive and benefits administration - (ANSWER)combining incentives or benefits with pay
compensation to provide total compensation package to employees, ask employees how to structure the
program, and individual and group performance is higher when linked to pay
8 critical characteristics of effective incentive program - (ANSWER)-directed toward attaining specific
goals that employees can understand
-goals must be fair and easy to measure
-must be room for improvement in productivity or performance
-goals must be attainable
-rewards must be substantial enough to encourage effort
-increases in productivity and performance should be tied to other rewards
-rewards must be linked to output
-rewards should be administered quickly to reinforce reason
advantages of incentive programs - (ANSWER)- Retain quality employees
- Increase productivity
- Reduce labor costs
- Increase employee focus on organizational objectives
Barriers to Implementing Pay-for Performance Systems - (ANSWER)-rewards are set to low to produce an
incentive
-measure for success are not clearly defined
-supervisors resist performance appraisals
-union opposes system
-requires company to pay attention to detail , any may be unwilling to do this
Individual Incentives - (ANSWER)most useful when work involved is not to interdependent or when
individual improvement most benefits the organization
, HSM 251 exam 2 - UA comprehensive Questions and Answers with 100%
Correct Answers | Latest Version Already Graded A+
Group Incentives - (ANSWER)most useful when cooperation and coordination are program's goals, or
when manager believes that teamwork is an appropriate part of organizational goal
Types of Individual Incentive Programs - (ANSWER)-piecework incentive
-standard hour
-commission
-bonus
-pay for knowledge
-merit pay
Piecework Programs - (ANSWER)based on theory or rewarding employees who exceed established
minimums of productivity
Standard Hour Programs - (ANSWER)Number of units completed per hour or per day, generally
combined with low minimum base wage
Commissions - (ANSWER)given individual based on sales, service or both, sales personnel often receive
commission
Bonus Plan - (ANSWER)given when managers and employees attain predetermined goals, and can be
organizational wide or individual
Pay for Knowledge - (ANSWER)bases reward on the goals an employee reaches beyond those that are
specifically require by current job
Merit Pay - (ANSWER)clearly link rewards to performance
Disadvantages of Individual Incentive Programs - (ANSWER)-require administration
