1. TurningPoint Slides to accompany By Nelson Lecroix, Niagara College

2. Chapter 7 Recognizing and Rewarding Employees 2 Copyright © 2011 Nelson Education Limited

3. 1. Employee compensation refers to: 3 Copyright © 2011 Nelson Education Limited a) deciding compensation b) directing performance improvement c) determining training needs d) discharging decisions

4. 2. The more common goals of a compensation policy include all of the following EXCEPT: 4 Copyright © 2011 Nelson Education Limited a) to influence employee behaviours b) to retain key staff c) to control the compensation budget d) to remain competitive in the product market

5. 3. Research studies illustrate that after a pay-for-performance program has been implemented, employees will increase their output by: 5 Copyright © 2011 Nelson Education Limited a) 35 to 50 percent b) 15 to 35 percent c) 50 to 75 percent d) 5 to 10 percent

6. 4. Among the many forms of employee motivation, experience dictates that the most important motivator is still: 6 Copyright © 2011 Nelson Education Limited a) power b) money (pay) c) responsibility d) achievement

7. 5. Blue-collar workers, for example, employees compensated on an hourly basis, are also known as: 7 Copyright © 2011 Nelson Education Limited a) wage earners b) salaried employees c) piecework employees d) gainsharers

8. 6. Compensation must be purposefully linked to the organization’s mission and general business objectives. 1. True 2. False 8 Copyright © 2011 Nelson Education Limited

9. 7. A recent survey has demonstrated that there is no link between an integrated approach to rewards and achieving strong business results. 1. True 2. False 9 Copyright © 2011 Nelson Education Limited

10. 8. Compensation should be tailored to the needs of the organization; not its employees. 1. True 2. False 10 Copyright © 2011 Nelson Education Limited

11. 9. Compensation for work performed in most organizations has traditionally been on an hourly basis. 1. True 2. False 11 Copyright © 2011 Nelson Education Limited

12. 10. When wage rates rise above existing area levels, an employer's labour costs may become excessive; therefore, it is important to use wage surveys. 1. True 2. False 12 Copyright © 2011 Nelson Education Limited