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Question 1
1.
A company which wishes to attract highly skilled employees would tend to follow which pay policy?
Answer

Lead

Lead/Lag

Lag

Unweighted means
2 points
Question 2
1.
Joe is a mechanic and has a compa-ratio of 0.90. This means that his pay:

2. Answer

Is 10% above the intended pay policy

Is 90% of minimum

Is 90% of maximum

Is 90% of midpoint
2 points
Question 3
1.
This occurs when the pay range of a lower level position overlaps a higher level position too much 2. Answer

Fruit basket upset

Regression

A lag pay policy

Compression
2 points
Question 4
1.
The …show more content…

If a company wants to reward performance but wants to keep payroll costs down in the long run, which of the following would they provide?

2. Answer

COLAs

Merit increases

Variable pay

Lump sum bonuses
2 points
Question 24
1.
The HMO health insurance options is the most non-restrictive in where the patient can get treatment.

2. Answer True False
2 points
Question 25
1.
Recency error occurs when a supervisor weighs too heavily the performance at the end of the review period.

2. Answer True False
2 points
Question 26
1.
What does pinpointing do?

2. Answer

Identifies the results the employee's performance will be judged by

Sets up positive reinforcement (R+)

Targets the performance goals

It breaks down a set of behaviors into individual behaviors
2 points
Question 27
1.
Forced-rank distribution appraisal methods (also known as rank and yank) has which of the following advantages?

2. Answer

Has strong long-term benefits

Overcomes the problems of inflated ratings and poor appraisal processes

It promotes team work

All of the above
2 points
Question 28
1.
How is bowling blindfolded similar to poor performance management?

2. Answer

Both include negative