1. Which of the following does organizational performance NOT include?
- Gains in market share
- New product creation
- Developing employees
- Effectiveness at meeting customer needs
2. What is variable pay?
- Ability to negotiate salary
- Being paid in a variety of ways (base salary, fringe benefits, and so on)
- Performance-based rewards and long-term equity
- Being paid variably through the month
3. What is base pay?
- The salary or hourly wage in exchange for the employee’s contribution to the organization
- The salary based on the market rate
- An hourly employee’s wage for training hours
- The salary or hourly wage including benefits
4. Of the following, which is NOT considered a guide to fairness in total rewards?
5. Cash compensation influences ________.
- employee perception
- government perception
- market perception
- management perception
6. An organizational citizenship behavior is ________.
- a value-creating activity engaged in by employees, but not as part of the job
- a value-creating activity that employees do as part of the job description
- a value-creating activity that is asked from senior management to mid-level management to complete
- a value-creating activity that engages employees, which is part of the job
7. To have an effective rewards system, you will NOT need to understand what?
- Employees’ previous salary
- Customer needs
- Market conditions
8. What is another term for “fringe benefits”?
- Paid time off
- Company parties
9. Which of the following is NOT considered an intangible reward?
- Cash bonuses
- Meaningful work
- Playing a key role in a company
- Rewarding relationships
10. As a compensation manager, what will you NOT do?
- Require the organization to implement a market-standardized compensation plan
- Understand the compensation plan
- Explain the compensation plan to others
- Manage company goals
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