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
