MGT Chap 2

Which of the following statements regarding allowing employees a choice in their pay mix is NOT true?

Allowing employees their choice is easy for competitor companies to imitate

Which of the following is NOT included in a strategy map?

HR alignment

Whole Foods' shared-fate philosophy of limiting executive salaries to no more than 19 times the average pay of full-time employees is an example of which strategic pay decision?

Internal alignment

_____ refers to openness and communication about pay.

Transparency

Based on the opinions of 10,000 U.S. workers, Hudson found that when given their choice of unconventional benefits, most employees would select _____.

a more flexible work schedule

Comparisons on the forms of compensation used by other companies are part of _____.

external competitiveness

Research investigating high-performance workplaces found that performance-based pay _____ when combined with other high-performance practices.

improves attitudes and behaviors

Research shows that _____ will effectively shift an organization in a downward performance spiral to an upward one.

it is unclear what compensation practices

Issues of transparency, technology, and choice are most closely associated with the _____ aspect of mapping a total compensation strategy.

management

According to the Hudson survey, _____ is the single thing that would make 41 percent of the U.S. workers happier.

more money

In mapping a total compensation strategy, the question of how important compensation is in the overall HR strategy is part of _____.

objectives