MGMT 456 Final exam

according to courts, the key to fair performance appraisals is based on

equal treatment across raters regardless of race, color, religion etc.

a pay increase guideline that ties to performance and position in a pay range is that

pay increases at a reducing rate as employees move through the pay range

historically, benefit managers negotiated or provided employee benefits on package basis rather than a cost basis. This

failed to identify that rising costs of this benefit were expected to be borne by the employer

identify a true statement about the accuracy of rating as part of the performance appraisal process

it is a function of the lag between performance and subsequent rating

which of the follow rating is done by someone who has the most knowledge about a ratee's performance as part of the performance appraisal process

self-rating

the impact caused by unions on nonunion firms is called

spillover effect

Individual plan

this type of plan should be chosen when the labor mix and production methods are relatively constant

which of the following is an example of upward feedback as part of performance appraisals?

a subordinate rating a supervisor

many critics of merit pay argue that it

does not improve performance

a contribution plan in which the companies make a tax- deductible contribution of stock shares or cash to a trust

employee stock ownership

recent evidence indicates that the incentive effect of board-based option plans (BBOPs) is relatively large, and strengthens as the number of employees included grows.

false

the consequence of managements opposition to wage increases is an ever-increasing union-nonunion wage differential

false

a(n) _____ plan is a generic term for plans setting the incentive rate based on completion of a task in some expected time period

standard hour

one disadvantage of an individualized incentive plans is that employees

tend to resist employers attempt to introduce new technology

before 1930, who was responsible for health care coverage in the USA

the family

low risk/reward

time based restricted stock

Identify a drawback of profit sharing plans

Most employees believe that their jobs do not directly impact profits

360-degree feedback

a performance appraisal process in which feedback is obtained from the boss, subordinates, peers and coworkers, and the employees themselves

identify a true statement about the 360-degree feedback system used to assess employee performance

currently, most firms use the system only for evaluation of their top-level personnel and for employee development

why did employee benefits slowly become a costly entitlement of the American workforce

employee benefits initiated by employers were taken on faith without hard data about payoffs

how does having a variety of teams within an organization affect group incentive plans?

it makes it difficult to use a single consistent kind of incentive plan

which of the following is an employee whose behavior related competency in customer care is tied to high merit increase?

john, who explains and communicates customer needs

which of the following is true about the ways raters store information about a ratee

raters store information in the form of traits

one of the issues concerning the impact of unions on the structuring of pay packages is

the distinction between direct wages and benefits

what do most organizations consider when evaluating the adequacy of employee benefits?

the financial liability of employees with and without a particular benefit

identify a true statement about the choice for employee (flexibility) in the plan coverage of a standard employee benefit package

the package is created with the average employee in mind

what is the biggest concern for individuals who receive health insurance under the consolidated omnibus budget Reconciliation Act (COBRA)?

the relatively brief qualifying period

identify a true statement about self-ratings as part of a performance appraisal

they are typically more lenient than ratings from other sources

how should administrators control spiraling employee benefit costs

by adopting a board, cost-centered approach

how many quarters of coverage will insure any worker for life?

forty quarters

identify a finding of researchers who studied change in performance over time to see if it affects performance ratings

employees who start out high in performance and then get worse are rated lower than workers who remain consistently low

management has shown a opposition toward unionization by

increasing the number of temporaries hired

what is an effect of equal employment opportunity (EEO) on organizations?

it has made organizations document their decisions

group plan

this type of plan should be chosen when the labor mix and production methods need to adapt to meet changing pressures

Human resource (HR) professionals should engage employees in every stage of creating performance dimensions and creating scales to measure how well they perform on these dimensions

true

which of the following is a savings plan that allows employees to defer pretax income

A 401K plan

indentify a pay increase guideline that ties pay to performance and position in the pay range

employees low in a pay range get higher merit increases than those who have gone further in the range for the same level of performance