Term
| What does employee compensation encompass? |
|
Definition
| All forms of pay or rewards |
|
|
Term
| Which type of pay is predominant today? |
|
Definition
|
|
Term
| Pay equity laws were enacted in response to which of the following? |
|
Definition
| The historical undervaluing of "women's work" |
|
|
Term
| Who should write the compensation policies for a company? |
|
Definition
|
|
Term
| Which of the following would managers use to monitor and maintain external equity? |
|
Definition
|
|
Term
| Up to how many weeks does the Employment Insurance Act provide benefits to workers unemployed through no fault of their own? |
|
Definition
|
|
Term
| What does job evaluation determine? |
|
Definition
| The relative worth of jobs within a firm |
|
|
Term
| What are indirect financial payments given to employees known as? |
|
Definition
|
|
Term
| Which of the following factors, according to the text, is expected to increase the cost of benefits? |
|
Definition
| The looming labour shortage |
|
|
Term
| What is he average cost of benefits, as a percentage of payroll today? |
|
Definition
|
|
Term
| The three types of benefits provided under the Canada/Quebec Pension Plan are |
|
Definition
| retirement, disability, and survivor |
|
|
Term
| Workers' compensation is, in effect, what type of insurance plan? |
|
Definition
|
|
Term
| Some provinces require additional termination pay when mass layoffs occur. The amount of additional pay depends on which of the following? |
|
Definition
| The number of employees being laid off |
|
|
Term
| What is the benefit that provides pay to an employee when he or she is out of work because of a non-work related injury or illness? |
|
Definition
| Short-term disability/sick leave |
|
|
Term
| The simplest approach to reducing health benefit costs of organizations is to increase the amount of health care costs paid by which of the following? |
|
Definition
|
|
Term
| What is known as a proactive, employer-centred process that coordinates the activities of the employer, the insurance company, and healthcare providers, in an effort to minimize the impact of injury, disability, or disease on worker's capacity to successfully perform his or her job? |
|
Definition
|
|
Term
| What is the fastest-growing occupational disability category? |
|
Definition
|
|
Term
| A pension provision whereby employees who change jobs can transfer the lump sum value of the pension they have earned to a locked-in RRSP or their new employer's pension plan is called what? |
|
Definition
|
|
Term
| Today, any plan that ties pay to productivity or profitability is called |
|
Definition
|
|
Term
| What is compensation that is independent of the performance level of the individual, group, or organization |
|
Definition
|
|
Term
| What is the fundamental premise of variable pay plans? |
|
Definition
| Top performers must get top pay to secure their commitment. |
|
|
Term
| Accurate ________ are a precondition for effective variable pay plans. |
|
Definition
|
|
Term
| The term merit pay can apply to incentive raises given to any employees, but which employees is it most often related to? |
|
Definition
|
|
Term
True or False:
Compensation plans for salespeople have typically relied heavily on incentives in the form of sales commissions. |
|
Definition
|
|
Term
True or False:
A stock option is the right to purchase a specific number of shares of company stock at a specific price during a period of time. |
|
Definition
|
|
Term
| What is a learning organization? |
|
Definition
| An organization skilled at creating, acquiring, and transferring knowledge and at modifying its behaviour to reflect new knowledge and insights |
|
|
Term
| Once employees have been recruited and selected, the next step would be |
|
Definition
| orientation to learn about the company's background and their role. |
|
|
Term
| What is the state that results from the discrepancy between what the new employee expected from his or her new job and the realities of it? |
|
Definition
|
|
Term
True or False:
On-the-job training involves having a person learn a job by actually working at it and then learning the theory behind the job through an online training portal. |
|
Definition
|
|
Term
True or False:
A cost/benefit analysis of an orientation programs compares the cost of the program to the revenues it could generate if licensed to other companies. |
|
Definition
|
|
Term
| What is the lifelong series of activities that contribute to a person's career exploration, establishment, success, and fulfillment? |
|
Definition
|
|
Term
| What is the deliberate process to identify career-related goals and establish action plans to attain specific goals part of? |
|
Definition
|
|
Term
| What is a series of work-related positions, paid or unpaid, that help a person grow in job skills, success, and fulfillment? |
|
Definition
|
|
Term
| What is a concern or value that a person will not give up if a choice must be made? |
|
Definition
|
|
Term
| Who should oversee succession planning for senior managers? |
|
Definition
|
|
Term
| The use of an experienced individual to teach and train someone with less knowledge in a given area is called which of the following? |
|
Definition
|
|
Term
| Which of the following is most closely related to reverse mentoring? |
|
Definition
| Younger workers provide guidance to senior executives. |
|
|
Term
| Which traditional leadership style is losing its effectiveness? |
|
Definition
|
|
Term
True or False
Developmental job rotation is a management training technique used to identify an employee's weak points. |
|
Definition
|
|
Term
| Debbie has been hired by a web design company to specifically ensure designers maintain their knowledge of new technologies. Designers that produce sites that do not meet standards or take too long to create will face repercussions set by Debbie. Which of the following best describes what Debbie was hired for? |
|
Definition
|
|
Term
| To clarify performance expectations, which of the following should be developed? |
|
Definition
|
|
Term
| What is an individual's direct contribution to their job-related processes? |
|
Definition
|
|
Term
| A potential problem with peer appraisal occurs when all the peers get together to rate each other highly. What is this called? |
|
Definition
|
|
Term
True or False
The most popular technique for appraising performance is the graphic rating scale. |
|
Definition
|
|
Term
True or False:
The main purpose of appraising employees is to ensure that they follow instructions from management and always perform to the best of their ability. |
|
Definition
|
|
