Which of the following would you NOT include in your menu?

As a consultant, you have been asked by an organization to provide a menu of indirect benefits that the employer does not have to provide by law. Which of the following would you NOT include in your menu?A . employment insuranceB . company pension planC . psychological counselingD . supplemental...

April 24, 2025 No Comments READ MORE +

Which methods are used to establish base pay?

Which methods are used to establish base pay?A . market pricing, job evaluation, and pay for knowledgeB . job analysis, competency testing, and demographicsC . tenure, job preview, and environmental analysisD . knowledge, education, and market pricingView AnswerAnswer: A

April 18, 2025 No Comments READ MORE +

Which of the following best explains why medical and dental coverage can be purchased more cheaply by the employer than the employee?

Which of the following best explains why medical and dental coverage can be purchased more cheaply by the employer than the employee?A . indexationB . economies of scaleC . utilityD . dividendsView AnswerAnswer: B

April 17, 2025 No Comments READ MORE +

Which of the following is an example of mandatory indirect pay?

Which of the following is an example of mandatory indirect pay?A . major health benefits such as medical coverageB . registered retirement savings plans (RRSPs) benefitsC . employee servicesD . workers' compensation benefitsView AnswerAnswer: D

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Which of the following is the most important potential disadvantage of performance pay?

Which of the following is the most important potential disadvantage of performance pay?A . It increases the need for layoffs in poor economic conditions.B . It does not fit well with high-involvement management.C . It is mainly effective in small companies.D . It does not pay off for some employers.View...

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Which of the following variables offers the most likely explanation for the decrease in popularity of "defined benefit plans" by employers in Canada?

Which of the following variables offers the most likely explanation for the decrease in popularity of "defined benefit plans" by employers in Canada?A . They provided poor returns on pension plan investments, and longevity of employees increased.B . Defined benefit plans are simply not popular among employees.C . They help...

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Which of the following plans would likely be the key component of the compensation plan?

As an employer, you believe it is always a good idea to pay people for their contributions to organizational results. Which of the following plans would likely be the key component of the compensation plan?A . indirect payB . base payC . pay for knowledgeD . performance payView AnswerAnswer: D

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Which of the following is a reason why employees may prefer base pay over performance pay?

Which of the following is a reason why employees may prefer base pay over performance pay?A . Performance pay is more predictable.B . Base pay is directly related to their performance level.C . They dislike uncertainty about their compensation.D . Market conditions are always changing.View AnswerAnswer: C

March 28, 2025 No Comments READ MORE +

Which of the following systems does this company most likely use?

A particular company wants to make sure employees feel they are appreciated, while at the same time ensuring key employees have a sense of loyalty towards the company. Which of the following systems does this company most likely use?A . benefitsB . performance payC . indirect payD . base payView...

March 24, 2025 No Comments READ MORE +

As a general rule, organizations using a high-involvement managerial strategy use indirect pay as a way to encourage which of the following relationships?

As a general rule, organizations using a high-involvement managerial strategy use indirect pay as a way to encourage which of the following relationships?A . employer-community relationshipB . employee-task relationshipC . employer-employee relationshipD . employer-union relationshipView AnswerAnswer: C

March 11, 2025 No Comments READ MORE +