Which of the following leads to the specific performance objectives for an organization?
A. Performance standards
B. Human resources strategy
C. Performance measures
D. Business strategy.
What does a performance standard specify?
A. The experience required to achieve the goal or objective
B. The reward that can be earned
C. The time required for satisfactory performance
D. The expected outcome.
How should learning opportunities to accomplish a career plan best be determined?
A. By considering emerging and future trends in the employee's professional field
B. By considering what opportunities would enable the employee to move to competing organizations
C. By considering how much the employee likes his or her current position
D. By considering the minimum competencies needed to move up to the next pay grade.
Which of the following is a type of variable pay?
A. Salary
B. Piece rate
C. Hourly rate
D. Commissions.
Which of the following is an organization's statement about what it wants to become?
A. Corporate vision
B. Corporate mission
C. Business strategy
D. Human resources strategy
Which of the following is the best source for identifying the relative of various rewards elements to different work groups?
A. Board of directors
B. Employees
C. Senior management
D. Candidates for employment
If the beginning wage needed to recruit quality candidates for a given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?
A. Cost-of-living
B. Tenure
C. Automatic
D. Market
What performance measurement system is most likely to include cost of capital when evaluating performance?
A. Business Excellence Model
B. Shareholder Value Added
C. Activity Based Costing
D. Competitive Benchmarking
It has been noted that an employee learns rapidly during the first few years on the job, after which time the rate of learning begins to slow. How can organizations address this in their pay programs?
A. Re-evaluate the job itself more frequently.
B. Provide less frequent increases to newer employees.
C. Provide larger increases as a percentage of base pay to newer employees.
D. Provide fixed dollar amount increases to all employees in the salary range.
Why is understanding the organization's business strategy key to planning for future human capital needs?
A. To make certain turnover remains low at all times
B. To ensure there are never any unanticipated job vacancies in the organization
C. To ensure that the number of employees with the right skills are available to meet future organizational requirements
D. To make certain company recruiters know how many job ads to place