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34. An employee who produces 10 components in an hour earns $9 ($.90 X 10) per hour, while
an employee who produces 15 components earns $13.50 ($.90 x 15). This is an example of a:
35. _____ refers to an incentive pay in which the wage paid is higher when a greater amount is
produced.
36. Which of the following is true about a piece rate plan?
37. Differential piece rates system refers to:
38. Piecework rate plans are most suited for _____.
39. Standard hour plans are likely to succeed if:
40. Martin owns and manages a small auto-parts shop. He determines the time required to
complete each task in his shop. When an employee completes the repair in less time, he/she
receives an amount of pay equal to the rate determined by Martin for . Martin is using a:
41. Which of the following is true about standard hour plans?
42. An incentive system in which an organization links pay increases to ratings on
performance appraisals is referred to as:
43. In merit pay programs, an individual's compa-ratio represents his/her:
44. The decisions about merit pay are based on two factors: the individual's performance
rating and the individual's:
45. What is the function of a merit increase grid?
46. In order to control compensation costs, administrators of merit pay programs must closely
monitor the compa-ratio and the:
47. An advantage of merit pay is that:
48. Which of the following is a disadvantage of a merit pay system?
49. _____ provides a method for rewarding performance in all of the dimensions measured in
the organization's performance management system.
50. Which of the following is true of a performance bonus?
51. Retention bonuses refer to:
52. When an employee's pay is calculated as a percentage of sales, it is referred to as:
53. Paying most or all of a salesperson's compensation in the form of commissions
encourages the salesperson to focus on:
54. Straight commission plans:
