Human Resources Final Exam
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Beyonce is the director of human resources at a management consulting firm. He
has been asked to implement an organization-wide incentive plan aimed at
increasing employee commitment to company goals. Identify and discuss three
different organization-wide incentive plans Amir should consider. Give the
positive and negative aspects of the three. - ANSWER✔✔ 1. Profit sharing plans
-provides employees with a share of the organizations profits in a specified period.
positives: motivation and engagement
negatives: costs to the company
2. Gainsharing programs
-designed to reward employees for improvements in organizational productivity.
positives: Focuses on efficiency improvements
negatives: Complexity
3. Non-monetary recognition programs
-Motivates employees through praise and expressions of appreciation for their
work
positives: Boosts morale
negatives: Subjectivity
As a full time employee in Canada you are entitled to employee benefits. Describe
the five government-sponsored employee benefits - ANSWER✔✔ 1. Employment
Insurance
-A temporary financial assistance to eligible persons who experience interruption
to their work through no fault of their own
2. Canada/ Quebec pension plan
, -Retirement, disability, survivor benefits. These provide basic financial security for
workers.
3. Sick pay
- STD: part or all continuation of employee earnings due to non work related
illness or injury.
-LTD: income protection or compensation. Usually 50-75 percent of employee
earnings
4. Severance pay (federal - Ontario)
-One time lump sum payment upon termination. Based on employees duration of
service with the employer.
5. Vacation
-2 weeks minimum amount of paid vacation that must be provided to the
employee.
Katty Perry has noticed that employees in his organizaton don't really value the
benefits package his organization has designed for them. The workforce in Carlos'
organization is quite diverse in age and other demographic varibales. Give Carlos
some advice about flexible benefits- describe what they are and be sure to tell him
about at least three key advantages and disadvantages of flexible benefits -
ANSWER✔✔ Flexible benefit programs permit employees to developm
individualized benefits packages by choosing their preferred benefits options.
Advantages: Flexibility, Increased Satisfaction, attracting and retaining
Disadvantages: Complexity, communication challenges, underutilization
All employees have basic rights while working in Canada. List and decrible the
three basic rights of employees under the joint responsibility model of occupational
health and safety and describe the employers "due diligence" requirement -
ANSWER✔✔ 1. The right to know about workplace safety hazards
2. The right to participate in the occupation health and safety process
Questions And Answers With Verified
Solutions Already Passed!!!
Beyonce is the director of human resources at a management consulting firm. He
has been asked to implement an organization-wide incentive plan aimed at
increasing employee commitment to company goals. Identify and discuss three
different organization-wide incentive plans Amir should consider. Give the
positive and negative aspects of the three. - ANSWER✔✔ 1. Profit sharing plans
-provides employees with a share of the organizations profits in a specified period.
positives: motivation and engagement
negatives: costs to the company
2. Gainsharing programs
-designed to reward employees for improvements in organizational productivity.
positives: Focuses on efficiency improvements
negatives: Complexity
3. Non-monetary recognition programs
-Motivates employees through praise and expressions of appreciation for their
work
positives: Boosts morale
negatives: Subjectivity
As a full time employee in Canada you are entitled to employee benefits. Describe
the five government-sponsored employee benefits - ANSWER✔✔ 1. Employment
Insurance
-A temporary financial assistance to eligible persons who experience interruption
to their work through no fault of their own
2. Canada/ Quebec pension plan
, -Retirement, disability, survivor benefits. These provide basic financial security for
workers.
3. Sick pay
- STD: part or all continuation of employee earnings due to non work related
illness or injury.
-LTD: income protection or compensation. Usually 50-75 percent of employee
earnings
4. Severance pay (federal - Ontario)
-One time lump sum payment upon termination. Based on employees duration of
service with the employer.
5. Vacation
-2 weeks minimum amount of paid vacation that must be provided to the
employee.
Katty Perry has noticed that employees in his organizaton don't really value the
benefits package his organization has designed for them. The workforce in Carlos'
organization is quite diverse in age and other demographic varibales. Give Carlos
some advice about flexible benefits- describe what they are and be sure to tell him
about at least three key advantages and disadvantages of flexible benefits -
ANSWER✔✔ Flexible benefit programs permit employees to developm
individualized benefits packages by choosing their preferred benefits options.
Advantages: Flexibility, Increased Satisfaction, attracting and retaining
Disadvantages: Complexity, communication challenges, underutilization
All employees have basic rights while working in Canada. List and decrible the
three basic rights of employees under the joint responsibility model of occupational
health and safety and describe the employers "due diligence" requirement -
ANSWER✔✔ 1. The right to know about workplace safety hazards
2. The right to participate in the occupation health and safety process