Which reward
system is least appropriate in a situation in which an organization's
training budget is particularly low?
|
a.
|
profit-sharing
|
|
b.
|
flexible benefit plans
|
|
c.
|
informal rewards
|
|
d.
|
skill-based pay
|
ANS: D
72. ____
of the Fortune 1000 companies use skill-based pay systems to motivate
employees.
|
a.
|
More than 16 percent
|
|
b.
|
About 40 percent
|
|
c.
|
About 60 percent
|
|
d.
|
About 85 percent
|
ANS: A
73. Disadvantages
of skill-based pay include all of the following except:
|
a.
|
employees must trust management in order
for the program to succeed
|
|
b.
|
it tends to produce high pay rates
|
|
c.
|
it requires a large investment in
training and lost production time
|
|
d.
|
topping out
|
ANS: A
74. A
company’s flexible benefit plan costs about ____ of its employee total
compensation package.
|
a.
|
10 to 20 percent
|
|
b.
|
20 to 25 percent
|
|
c.
|
25 to 30 percent
|
|
d.
|
50 percent
|
Disadvantages of skill-based pay
![Disadvantages of skill-based pay]()
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