Which of the Following Compensation Programs Uses a Management Style

question 59

Multiple Choice

Which of the following compensation programs uses a management style that gives importance to control?

• A)Gainsharing plan
• B)Incentive pay
• C)Ownership
• D)Merit pay
• E)Profit sharing

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Definitions:

Employee Objectives

Specific, measurable, achievable, relevant, and time-bound goals set for employees to focus their efforts towards organizational success.

Rating Error

A mistake or bias that occurs when evaluating an individual's performance, often leading to inaccuracies in assessment.

Stereotype-Induced Bias

Prejudice or discrimination resulting from stereotypes, or oversimplified generalizations about a group of people that can affect judgment and decision making.

Performance Evaluations

The assessment of an employee's work performance over a specific period, often used for feedback, development, and administrative decisions.