MGMT 494 Test 2
Technological innovation has been an important force behind person-focused pay. Employers today, as a result, not only expect technical skills, but also ________ from work teams. A. interpersonal skills B. creative skills C. language skills D. financial skills E. mathematical skills
A
What is the key advantage to an employee who works for an employer that awards job-based pay as opposed to person-focused pay? A. The employee is rewarded for job performance. B. The employee can look forward to automatic pay raises. C. The employee acquires new knowledge and skills. D. The employee is rewarded for taking additional classes. E. The employee is rewarded on the proficiency of past work.
A
Which type of courses would a company offer in-house as opposed to asking employees to take at an educational institution? A. Specialized courses B. Financial courses C. Mathematical courses D. Language courses E. Management courses
A
Sheila's employer offers a person-focused pay program, which has led Sheila to acquire multiple skills and be flexible in the types of jobs she can handle. Presently, Sheila's company is facing slow sales. What can Sheila more than likely expect? A. Sheila should expect to receive a pay raise because of her seniority. B. Sheila should expect to keep her job because of her flexibility. C. Sheila should expect a permanent pay cut. D. Sheila should expect her employer to offer outplacement services. E. Sheila should expect to be laid off due to the declining valuation of her job.
B
The type of pay plan that rewards employees for acquiring job-related competencies, knowledge, or skills rather than demonstrating successful job performance is known as ________. A. vertical skill-based pay B. person-focused pay C. skill-based pay D. horizontal skill-based pay E. pay-for-knowledge
B
A(n) ________ refers to an individual's capability to orchestrate and apply combinations of knowledge and skills consistently over time to perform work successfully in required work situations. A. work ethic B. competency C. ability D. incentive E. aptitude
B
Which is a true statement regarding person-focused pay programs? A. Person-focused pay programs at most places replace merit pay programs. B. Person-focused pay programs are applied organization-wide. C. Person-focused pay programs apply in a more limited context than do job-focused pay programs. D. Person-focused pay programs generally work like seniority pay programs. E. Person-focused pay programs do not encourage acquisition of new skills.
C
Of the following organizations, which one would be most likely to utilize a person-focused pay program? A. Architectural design firm B. Collection agency C. Landscaping company D. TV manufacturer E. Marketing firm
D
One of the key advantages of person-focused pay for employers is that employers can ________. A. reduce the workforce during slow cycles B. be assured of little to no absenteeism C. reduce employee training costs D. rely on leaner staffing E. almost guarantee the work performance of employees
D
Studies have shown that the majority of firms that use person-focused pay programs are in the manufacturing industry. Typically, these firms employ between ________. A. 5,000 and 6,000 people and have been around for 5 years B. 3,000 and 6,000 people and have been around for 50 years or more C. 200 and 300 people and have been around for 20 years D. 150 and 2,000 people and have been around for 10 years E. 100 and 200 people and have been around for 3 years
D
The stair-step model is a type of person-focused pay. What do the steps represent in the stair-step model? A. Educational levels B. Supervisory levels C. Merit pay levels D. Job levels E. Pay grades
D
Generally, Western European cultures are considered much better than the American culture in providing the workforce with ________. A. language skills training B. interpersonal skills instruction C. college-level education D. financial skills training E. applied vocational education
E