Test Bank
Strategic Compensation: A Human Resource
Management Approach,
By Joseph J. Martocchio
11th Edition
,Table of content
1. Strategic compensation: a component of human resource systems
2. Contextual influences on compensation practice
3. Seniority pay and merit pay
4. Incentive pay
5. Person-focused pay
6. Building internally consistent compensation systems
7. Market-competitive compensation systems
8. Building pay structures that recognize employee contributions
9. Discretionary benefits
10. Legally-required benefits
11. Compensating executives
12. Compensating the flexible workforce
13. Compensating expatriates
14. Pay and benefits outside the united states
15. Challenges facing compensation professionals
,Strategic compensatiosntu:viaa.com
hu- m
tha
enmar
rkee s
tpolaucerctoe bm
uy a
anndasgeellm
yoeun
r sttuadp
ypmrao
tea
ric
alh, 11e
(martocchio) 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) Monetar
y 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?
A) Performance appraisal
B) Seniority pay
C) Recruitment
D) Trainin
g Answer:
B
Difficulty:
moderate
skill: concept
Aacsb: analytical thinking
Lo: 1.1: define strategic compensation.
7) compensation refers to the mental state of employees as a result
of their performance on the job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetar
y Answer:
A
Difficulty:
moderate
skill: concept
Strategic Compensation: A Human Resource
Management Approach,
By Joseph J. Martocchio
11th Edition
,Table of content
1. Strategic compensation: a component of human resource systems
2. Contextual influences on compensation practice
3. Seniority pay and merit pay
4. Incentive pay
5. Person-focused pay
6. Building internally consistent compensation systems
7. Market-competitive compensation systems
8. Building pay structures that recognize employee contributions
9. Discretionary benefits
10. Legally-required benefits
11. Compensating executives
12. Compensating the flexible workforce
13. Compensating expatriates
14. Pay and benefits outside the united states
15. Challenges facing compensation professionals
,Strategic compensatiosntu:viaa.com
hu- m
tha
enmar
rkee s
tpolaucerctoe bm
uy a
anndasgeellm
yoeun
r sttuadp
ypmrao
tea
ric
alh, 11e
(martocchio) 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) Monetar
y 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?
A) Performance appraisal
B) Seniority pay
C) Recruitment
D) Trainin
g Answer:
B
Difficulty:
moderate
skill: concept
Aacsb: analytical thinking
Lo: 1.1: define strategic compensation.
7) compensation refers to the mental state of employees as a result
of their performance on the job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetar
y Answer:
A
Difficulty:
moderate
skill: concept
