The scheme has its origin during early 1990s in USA and this scheme is known as___________. Show
The situation in organization in which differences of individual pay with different level of performance becomes small is classified as:
is a term used in labor economics to analyze the relation between the wage rate and the
When an employee himself leave the organization or initiates a separation from the organization?
How much percentage from the basic pay should the employer has to pay to employees during layoff period?
It is value of all cash payments (total earning) and benefit receives by employees.
Refers to remuneration packages specifically designed for business leaders, senior management and executive-level employees of a company.
Refers to the number of years an employee has spent working in organizational.
One of the reasons that lead to the dismissal of an employee
In which of the following do workers received a basic hourly rate plus a premium equal to the percent by which their performance exceeds the standard?
programs are one method of motivating employees to change work habits and key behaviors to benefit a small business.
Is also process of terminating the service of an employee due to any serious misconduct but its action is more severe than discharge.
Performance Management includes
The most common eligibility determinant for bonuses is:
The most important HR dimensions to organizational performance _________
1) Ramon is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which of the following terms best describes Ramon situation?
Ramon is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which of the following terms best describes Ramon situation?
Which of the following is NOT a type of direct financial payment?
Mary is a line manger at a paper supply company. All of the following are methods that Craig should most likely implement to motivate his subordinate EXCEPT_________
What theory of motivation states that people are strongly motivated to maintain a balance between what they perceived as their contribution and their reward?
It is the process of leaving the organization permanently on the ground of attaining the age of superannuation or voluntarily.
Designed to give additional compensation to employees during the holiday season.
Which of the following is an importance of Performance Management System?
What do you understand by PAS?
The procedure of using less and more broad pay than the traditional systems of compensation is classified as
Refers to monetary compensation provided to employees in returns of their services to the organization.
What is the main reason to measure performance?
These are indirect financial compensation which are generally available to all the firms and include such things as time off with pay, health and life insurance, retirement, etc.
These are the non-job related rewards such as pay, salary and work conditions.
A kind of retirement wherein the employee found on guilty either in court of law or violated conditions of organization
This is the compensation for services rendered by directors to a company.
Is a benefit to employee upon reaching the age of 60, or upon completion of 30 years of service whichever is preferred by both the employer and the employee, shall be entitled to all the retirement benefits provided therein or to termination pay equivalent to at least one month salary for every year of service, a fraction of at least months being considered as one whole year.
It creates a sense of fear and uncertainty among the employees who stay with the organization.
Is the action by the company given to the employee who does not meet the organization’s expectations.
Salary levels are based on the employees skills as opposed to the job title
Refers to monetary compensation provided to employees in returns of their services to the
The use of illegal action to reduce taxes is commonly known as _________?
Includes the several grades and each grade containing a minimum salary, increments and grade range.
Provides 7 days leave with full pay to all married male employees in the private and public sector for the first four deliveries of the legitimate spouse with whom he is cohabiting.
Deadline for tax filing is _____________?
A term used in labor economics to analyze the relation between the wage rate and the
What theory of motivation states that people are strongly motivated to maintain a balance between what they perceived as their contribution and their reward?
A term used in labor economics to analyze the relation between the wage rate and the unpleasantness, risk, or other undesirable attributes of a particular job.
.___________ is a program where information manager-employee exchanges such as praise, approval or expressions of appreciation are given for a job well done.
It is the process of leaving the organization permanently on the ground of attaining the age of superannuation or voluntarily
Is a term used in labor economics to analyze the relation between the wage rate and the unpleasantness, risk, or other undesirable attributes of a particular job.
The process of revealing the detailed information on how much each director is getting paid, the components of remuneration.
5. Is the action by the company given to the employee who does not meet the organization’s expectations.
Is paid to the employees during festive seasons to motivate them and provide them the social security.
___________ is a program where information manager-employee exchanges such as praise, approval or expressions of appreciation are given for a job well done.
What type of pay plan is being used when workers are paid a sum for each unit they produce?
In which of the following do workers received a basic hourly rate plus a premium equal to the percent by which their performance exceeds the standard?
It is the process of setting the pay scale for specific or types of jobs.
Includes the several grades and each grade containing a minimum salary, increments and
Which performance rating scale involves each behavioral item was scored on a 6-point scale . Including the frequency with which a rater exhibited particular behavior
Which structures reward employees based on the skills, knowledge and experience they apply in the workplace rather than their job or position?
Compensation other than an hourly wage or salary
The employee who is paid more than the specified range for the job is classified as
Total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required by the organization.
Which of the following terms refers to all forms of pay or rewards going to employee and arising from their employment?
Single parent and primary care giver of the children are qualified to file as ____________?
One of the techniques of trimming the workforce is
Is a substitute word of wages and salaries and it has recently originated.
Performance Management includes ___________
Which of the following terms refers to any salary increase the firm awards to an individual employee based on his or her individual performance?
The Key Result Area refer to __________
Which of the following is a salary increase awarded to an employee based on his or her individual performance?Merit pay is a system of awarding pay increases and bonuses to employees based on their individual performance, as opposed to their seniority or the number of hours they work. There are a number of benefits to using a merit pay system in a company's human resources.
Which word means an increase in the amount of salary that an employee receives for work performed in an organization?A raise is an increase in the amount of hourly pay or salary that an employee receives for work performed in an organization. Organizations provide raises for employees in a number of different ways and for a variety of reasons.
What is it called when you get a raise based on performance?Merit pay, also known as pay-for-performance, is defined as a raise in pay based on a set of criteria set by the employer. This usually involves the employer conducting a review meeting with the employee to discuss the employee's work performance during a certain time period.
Which of the following terms refers to an incentive plan that ties a groups pay to the firms profitability?The correct option is C) pay-for-performance. Team incentive plans are effective in aligning work performance with employers' goals quickly and...
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Which of the following terms refers to any salary increase the firm awards to an individual?
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