True or false? A merit pay incentive system is usually used to attract employees who are more...
Question:
True or false? A merit pay incentive system is usually used to attract employees who are more team-oriented.
Incentive Systems
An incentive is any factor that influences one's behavior, specifically to perform at or beyond a level of expectation. An incentive system plays a significant role in employee motivation and performance.
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What Are Employee Incentives? - Types & Examples
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Chapter 7 / Lesson 20
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Learn about incentives for employees, job incentives, and examples of incentive programs. Explore how and why companies might implement them.
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- Pay-for-performance or incentive compensation systems are built on the assumption that individual employees and work teams differ in how much they contribute to the firm. Indicate whether this statement is true or false.
- Merit raises typically become part of an employee's base salary. Indicate whether this statement is true or false.
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- True or false 1. Using pay and benefits as a reward is a strong motivator for people to take a job and stay with the organization until retirement. 2. Hierarchical pay structures tend to work better
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- On an organizational level, job design and the extrinsic rewards of pay and benefits are the only ways to motivate employees. Indicate whether the statement is true or false.
- All merit increases are cumulative in that they become a part of an employee's base salary. Indicate whether this statement is true or false.
- True or false? A bonus system encourages employees to focus on long-term performance.
- Performance-based pay recognizes that people working in the same job can contribute to the organization at a different level in terms of value and seeks to provide an incentive for maximizing their contribution. True or false?
- All merit raises become part of an employee's base salary. Indicate whether this statement is true or false.
- Awards, merit pay, and bonuses are all similar in that they are paid once a year, do not raise the employee's base salary, and are based on performance. Indicate whether this statement is true or false.
- Most firms link employees' pay to performance because financial incentives are extremely successful at motivating employees to perform above required standards. a. True b. False
- Unions typically advocate merit pay plans over group pay incentives. True or false.
- Sometimes rewards provided to employees may not necessarily be positive reinforcers. a. True b. False
- True or false? A change is more likely to be supported by the employees of an organization if it results in lower remuneration.
- Team-based pay plans normally reward team members individually based upon how much they contributed to the team's overall performance. Indicate whether this statement is true or false.
- True or false? A traditional approach to implementing reward systems is to reward employees based on how they do their work.
- True or false? Better wages motivate employees to work harder and smarter over an extended period of time.
- Indicate whether the following statement is true or false: Generally speaking, the only types of rewards that motivate employees are monetary.
- True or false? A reward can be defined as something that increases the frequency of an employee action.
- True or false? From the employer's perspective, an advantage of merit pay is that it is cheap.
- Piecework is an incentive pay plan where employees are paid for each unit they produce. Indicate whether this statement is true or false.
- ) According to research, merit pay, which is similar to an annual bonus, is highly successful in motivating employee performance and improving compensation satisfaction. Indicate whether this statement is true or false.
- True or false? Contingent pay (CP) plans reward individuals based on how well they perform on the job.
- Research suggests that employees underestimate how powerful a motivator pay is to them. Indicate whether this statement is true or false.
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- Indicate whether the following statement is true or false: Motivation, effort, and performance tend to be highest when outcomes such as pay and praise are administered to employees based on a system of seniority.
- Top employees often outperform the average or poor employees by as much as 100%. a. True b. False
- True or false? Intrinsic compensation reflects employees' psychological mindsets that result from performing their jobs, while extrinsic compensation includes both monetary and non-monetary rewards.
- Effective leaders recognize that money is not the only reward that motivates workers. Indicate whether the statement is true or false
- Merit pay represents the most common element of organizational compensation plans. Indicate whether this statement is true or false.
- Workers who have an internal locus of control likely prefer incentives such as merit pay or sales commissions. Indicate whether the statement is true or false.
- Setting seemingly impossibly high objectives, those outside the likely reach of employees, helps managers to create and maintain a high motivation level. a. True b. False
- When seeking to increase employee involvement in rewarding performance, it is important to allow them some control in the dispensation of the rewards. Indicate whether this statement is true or false.
- "Teams provide team rewards but not individual rewards." Indicate whether the statement is true or false.
- True or false? It is inappropriate to offer incentives or signing bonuses when recruiting applicants.
- True or false? Profit-sharing is a compensation plan designed to encourage employees to do things that increase company profits.
- Employees who self-promote receive lower performance evaluations than employees who ingratiate. Indicate whether the statement is true or false.
- Team-based pay plans are the most widely-used pay-for-performance plans in industry. Indicate whether this statement is true or false.
- Performance-based pay is more popular than time-based pay among most employers in the U.S. Indicate whether this statement is true or false.
- Learning organizations reward employees with enriching jobs, promotions, and compensation, and they typically attract high-quality workers who seek training and development programs. Indicate whether this statement is true or false.
- Pay, bonuses and promotions are some of the positive-valenced extrinsic outcomes considered in studies of motivation. Indicate whether this statement is true or false.
- Explain whether the following statement is true or false. Profit sharing tends to have a stronger motivational effect on employee effort than individual incentives do.
- Employees with transformational leaders tend to have higher levels of task performance. Indicate whether this statement is true or false.
- True or false? Generally, employees with a high need for power are motivated by collegial work environments.
- Companies that implement a market lead pay policy usually attract more highly qualified applicants than lower-paying firms in the same labor market. Indicate whether this statement is true or false.
- True or false? Whether managers are trying to increase productivity or decrease turnover rates, it is good to get a sense of how employees feel they are being treated.
- When implementing pay-for-performance, it is best to provide a single type of incentive. This leads to less confusion and better results. Indicate whether this statement is true or false.
- True or false? Generally, employees with a high need for achievement are motivated by challenging work.
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- Managers can do a lot to influence employee ethics by carefully cultivating the right norms, leadership, reward systems, and culture. Indicate whether this statement is true or false.
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- True or False? 1. The cost of recruiting, selecting, and training a new employee is usually more than 100% of that employee's annual salary. 2. One of the strengths of public agencies is that they he
- True or false? The most popular way to empower employees is to design work so that it can be performed single-handedly by individuals.
- The work of Edward Deci suggests that managers should primarily rely on extrinsic rewards to motivate employees. Indicate whether this statement is true or false.
- Team reward structures with hybrid outcome interdependence reward members based on how well they perform as individuals rather than overall team performance. a. True b. False
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- One advantage of pay-for-performance compensation systems is the relative ease of accurately assessing an employee's actual contribution to the company. Indicate whether this statement is true or false.
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- Team cohesiveness does not necessarily lead to higher team productivity. a. True. b. False.
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- True or false? A piece-rate payment plan makes it difficult for new employees to earn a reasonable amount.
- Total compensation refers to the monetary and nonmonetary rewards offered to employees. True or false?
- Innovative recruiting, compensation incentives and training programs are used by firms when a surplus of employees is forecasted. Indicate whether this statement is true or false.
- In the workplace, what gets done is what gets rewarded. Indicate whether the statement is true or false.
- Because good employees tend to move from one organization to another, they do not create a resource valuable enough for creating a competitive advantage. Indicate whether this statement is true or false.
- Europeans are especially motivated by pay-for-performance, commission salaries, and objective measurement and reward systems. Indicate whether the statement is true or false
- Subordinates can influence the motivation of their superiors through their ability to punish behavior by subtly withholding rewards. Indicate whether the statement is true or false.
- Employees' intrinsic drives are based upon their desire to receive promised rewards and benefits. Indicate whether this statement is true or false.
- True or false? For any goal to be attained, it must be believable to the people who will strive to reach it and to the supervisors or team leaders who will monitor it.
- If an employee earns an incentive in the form of a prize or cash award, the value of the award is not included when calculating the employee's overtime pay. Indicate whether this statement is true or false.
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