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Which of the following is NOT a criticism of skill-based compensation systems Too much labor specialization

Which of the following is NOT a criticism of skill-based compensation systems?

A) Too much labor specialization

B) Unspecific job qualifications

C) Higher labor costs

D) Workplace chaos

33) If management wants the compensation system to reinforce a traditional organizational structure and stability within the company, a(n) ________ compensation system is the best choice.

A) egalitarian

B) elitist

C) individual-centered

D) labor market-based

 

34) Garden of the Gods' (GOTG) employees are compensated according to their organizational level, with upper-level managers receiving more compensation than lower-level managers. GOTG uses a(n) ________ pay system.

A) elitist

B) egalitarian

C) internally equitable

D) knowledge-based

 

35) The stockholders are concerned about the cost of perquisites. Management wants maximum flexibility to move people among jobs without having to adjust their compensation. Management also wants more joint-task accomplishment and better cooperation among employees. A(n) ________ compensation system will reinforce all these goals.

A) elitist

B) variable

C) egalitarian

D) job-centered

 

36) Egalitarian compensation systems are:

A) problematic because of increased tensions between co-workers.

B) more common in older businesses with mature products.

C) important to developing a more stable work force.

D) becoming common in competitive environments.

37) Elitist compensation systems are most likely:

A) beneficial to firms trying to expand market share.

B) implemented by newer, smaller businesses.

C) established in very competitive environments.

D) used by older firms with mature products.

 

38) Above-market compensation policies are more likely to:

A) create an impression of innovation and success.

B) improve employee morale and reduce employee turnover.

C) affect employee cooperation more than any other business policy.

D) reduce barriers between people who need to work closely together.

 

39) Companies that pay employees at rates above the market are generally:

A) small start-up companies.

B) involved in global expansion.

C) companies that struggle financially.

D) larger companies in less competitive industries.

 

40) Firms that use nonmonetary rewards are most likely trying to:

A) reinforce achievement and sales growth.

B) foster an internally competitive climate.

C) develop responsibility among employees.

D) emphasize customer service and loyalty.

Mar 13 2020 View more View Less

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