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Which gain sharing plan is most similar to the standard hour plan?


A) Scanlon
B) Improshare
C) Rucker
D) Cash profit sharing

Correct Answer

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Usually _____ are awarded for exceptional performance,often on special projects or for performance that so exceeds expectations as to be deserving of an add-on bonus.


A) variable pay awards
B) individual spot awards
C) lump-sum bonuses
D) merit pay

Correct Answer

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Which of the following is not a problem with team compensation?


A) Complexity
B) Control
C) Consistency
D) Communications

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In which of the following incentive pay plans does the wage rate not increase for production above the standard?


A) Standard hour plan
B) Rowan plan
C) Taylor plan
D) Merrick plan

Correct Answer

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Individual incentive systems are growing in popularity.

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The variable pay plan with the highest instrumentality is _____.


A) gain sharing
B) team incentives
C) a balanced scorecard
D) stock ownership

Correct Answer

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The purpose of this variable pay plan is to foster a "one for all" culture and to educate employees about business.


A) Team incentives
B) Cash profit sharing
C) Balanced score card
D) Stock options

Correct Answer

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A penalty for poor performance rather than reward for good is an example of:


A) benchmarking.
B) a reengineering plan.
C) a Rowan plan.
D) a reverse incentive plan.

Correct Answer

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A combination plan often favored by CEOs who don't like to make payouts when the company loses money is a completely self-funding plan.

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( p.336)Pay-for-performance plans are used for more than three-quarters of all exempt,clerical,and administrative employees.

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