Home / Questions / Chuck Prince of Citigroup and Stanley Neal of Merrill were forced to retire and thei
Chuck Prince of Citigroup and Stanley O'Neal of Merrill were forced to retire and their companies had to write off billions of dollars in debts. How much severance pay did Prince receive? O'Neal receive?
A) $15.6 million, $28 million
B) $25.6 million, $38 million
C) $25.6 million, $48 million
D) $35.6 million, $48 million
2) What is the total of all rewards provided employees in return for their services referred to as?
A) financial
B) direct financial
C) indirect financial
D) compensation
3) Wages, salaries, bonuses, and commissions are referred to as ________ compensation.
A) financial
B) direct financial
C) indirect financial
D) total
4) What consists of the pay that a person receives in the form of wages, salaries, commissions and bonuses?
A) financial compensation
B) indirect financial compensation
C) direct financial compensation
D) total compensation
5) What consists of all financial rewards that are not included in direct financial compensation?
A) nonfinancial compensation
B) direct financial compensation
C) benefits
D) total compensation
6) What form of compensation consists of the satisfaction that a person receives from the job itself or from the psychological and/or physical environment in which the person works?
A) nonfinancial compensation
B) direct financial compensation
C) indirect financial compensation
D) total compensation
7) What has the name for the American Compensation Association been changed to?
A) WorldatWork
B) WorkatWorld
C) ACA
D) EquityatWork
8) What is the motivation theory that people assess their performance and attitudes by comparing both their contribution to work and the benefits they derive from it to the contributions and benefits of comparison others whom they select ? and who in reality may be like or unlike them?
A) expectancy theory
B) equity theory
C) reinforcement theory
D) hierarchy theory
9) What means a perception of fair pay treatment for employees?
A) compensation
B) financial equity
C) indirect financial
D) direct financial
10) What form of equity exists when a firm's employees are paid comparably to workers who perform similar jobs in other firms?
A) internal
B) employee
C) external
D) team
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