Performance Share Plans Involve Units Whose Value Is Determined

question 25

Multiple Choice

Performance share plans involve units whose value is determined:

• A)by an evaluation of the responsible person's contribution.
• B)over a multi-year period.
• C)upon retirement or other separation of the recipient from the company.
• D)at the moment that declaration of the recipient is made.

Recognize the importance of aligning reward systems with organizational objectives and employee needs.

Identify key theories of motivation and their application within the workplace.

Explain how perceptions of equity, justice, and fairness influence employee attitudes and behaviors.

Describe the types and effects of contracts, including psychological contracts, between employees and organizations.

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Definitions:

Influence Tactics

Strategies or methods used to persuade or lead others towards a specific direction or action.

Sequencing

The arrangement of objects, tasks, or events in a particular order or sequence.

Ethical

Being ethical involves adhering to accepted principles of right and wrong that govern the conduct of a profession or the individual.

Deliberate Machiavellianism

The strategic and sometimes manipulative behavior aimed at achieving personal or organizational goals by whatever means necessary, often without regard for ethics or morality.