Miscellaneous Quiz / Human Resources Chapter 12

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Can you name the Human Resources Chapter 12?

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QuestionAnswer
The right to purchase a stated number of shares of a company stock at today's price at someday in the future
Any salary increase awarded to an employee based on his or her individual performance
any plan that ties pay to productivity or profitability
A system of pay based on the number of items processed by each individual worker in a unit of time, such as items per hour or items per day
An incentive plan that engages employees in a common effort to achieve productivity objectives and share the gains
A plan whereby most or all employees share in the companys profits
A set payment for each piece produced or processed in a factory shop
QuestionAnswer
An incentive plan designed to encourage cooperation, involvement and sharing of benefits
Long-term incentives most often reserved for senior executives
A trust is established to hold shares of company stock purchased for or issued to employees
A plan in which a production standard is set for a specific work group and its members are paid incentives if the group exceeds the production standard
A plan by which a worker is paid a basic hourly rate plus an extra percentage of his or her base rate for production excedding the standard per hour or per day
The minimum hourly wage plus an incentive for each piece produced above a set number of pieces per hour

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