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Pay for Performance and Financial Incentives

A plan, offering a 75% base salary along with 25% incentives is classified as ………?

A. combination plan
B. non commission plan
C. competitive plan
D. noncompetitive plan

Categories HRM Mcqs, Pay for Performance and Financial Incentives Leave a comment

The ‘piecework’ pay plan is often called …….?

A. individual pay plan
B. group pay plan
C. extrinsic rewards
D. intrinsic rewards

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The factor which influence ‘bonuses’ are?

A. eligibility
B. fund size
C. individual performance
D. all of above

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Adding ‘incentives’ to the job is included in?

A. intrinsic motivation
B. extrinsic motivation
C. outsourced motivation
D. in-house motivation

Categories HRM Mcqs, Pay for Performance and Financial Incentives Leave a comment

All incentive plans focused on ………?

A. performance
B. skills
C. tenure
D. particular knowledge

Categories HRM Mcqs, Pay for Performance and Financial Incentives Leave a comment

The reward of performance must have some value for the employee, an example of ……….?

A. expectancy
B. instrumentality
C. valence
D. de-expectancy

Categories HRM Mcqs, Pay for Performance and Financial Incentives Leave a comment

An informal employee-manager refers to?

A. social recognition program
B. performance feedback
C. non-financial awards
D. financial awards

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A managerial approach, focusing on improving work methods, situation analysis and observation, known as ……….?

A. linking performance and pay
B. scientific management movement
C. performance based system
D. low-performance work system

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The pay is rewarded according to strict proportionality between rewards and production results, known as ………?

A. straight piecework
B. proportional piecework
C. dis-proportional piecework
D. variable piecework

Categories HRM Mcqs, Pay for Performance and Financial Incentives Leave a comment

According to Herzberg, the job working conditions are considered as?

A. hygiene’s
B. DE motivators
C. intrinsic hygiene’s
D. extrinsic hygiene’s

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