Profit sharing refers to procedure by which employer pays

Reference no: EM13264136

1. Studies have shown that variable pay plans may not achieve their proposed objectives or lead to organizational improvements due to each of the following, EXCEPT:

A) incentive plans sometimes fail to satisfy employee expectations for pay gains

B) taxes are often a demotivator

C) management may have failed to give adequate attention to the design and implementation of the plan

D) employees may have little ability to affect performance standards

2. Profit sharing refers to any procedure by which an employer pays employees:

A) an incentive based on their merit.

B) an incentive based on labor cost savings.

C) a bonus based on the overall productivity of their particular work group.

D) current or deferred sums based on the organization's financial performance.

Reference no: EM13264136

Questions Cloud

In reorder point system : In a reorder point system, the demand rate for gizmos is normally distributed, with an average of 250 units per week. The lead time is 7 weeks. The standard deviation of weekly demand is 25 units.

Under the fair labor standards act : Under the Fair Labor Standards Act, exempt employees: The point system of job evaluation permits jobs to be evaluated quantitatively based on compensable factors.

Fair labor standards act has four major provisions : The Fair Labor Standards Act has four major provisions. The provisions are concerned with minimum wage rates, overtime payments, equal rights, and child labor.

Jobs that are grouped into the same pay grade should : includes employee recognition programs, rewarding jobs, organizational support. Jobs that are grouped into the same pay grade should:

Profit sharing refers to procedure by which employer pays : Studies have shown that variable pay plans may not achieve their proposed objectives or lead to organizational improvements due to each of the following, EXCEPT: Profit sharing refers to any procedure by which an employer pays employees:

Competence-based compensation : When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation. Because of its focus, the Hay profile method is most useful for evaluating w..

When communicating benefits programs to employees : When communicating benefits programs to employees:

An analysis of executive salaries : An analysis of executive salaries shows that the largest portion of executive pay is received in long-term incentive rewards and bonuses.

Noncash incentive rewards are most effective as motivators : Noncash incentive rewards are most effective as motivators when the award: Executive base salaries represent between ____ percent of the total annual compensation. A major problem of ESOPs is that:

User Account

All Pages