18 Questions
What is the term used to describe a regular, fixed payment made by an employer to an employee?
Wages
Which type of compensation includes wages, incentives, and benefits?
Direct Compensation
What theory suggests that employees are motivated by the expected job rewards and benefits?
Expectancy Theory
What is achieved when the pay given by employers is equal to the value of the job performed?
Fairness pay equity
Which component of organization and management deals with employee movements within the company?
Employee Relations
What is the term used to describe the process of resolving disputes and issues raised by employees?
Grievance Procedure
What is the process of rating an employee's work in a methodical manner called?
Performance evaluation
Which of the following is an external factor affecting employee compensation?
Local and global market conditions
Which performance appraisal method includes vertical scales of essential job strategy, numbered by importance?
Behaviorally anchored rating scale (BARS)
What are the three types of employees mentioned in the text?
Engaged, not engaged, actively disengaged
What is used to measure the frequency of observed behavior in the behavior observation scale method?
Cleans the room before leaving
What are the two categories of rewards mentioned in the text?
Monetary and non-monetary
What is the primary reason for employees unionizing according to the text?
Financial needs
What are the two purposes of performance appraisal mentioned in the text?
Administrative and developmental purposes
What type of employee relationship leads to social support according to the text?
Good employee relations
What are the two main factors affecting employee compensation mentioned in the text?
Internal and external factors
What type of method for evaluating a worker's consciousness is mentioned in the text?
Trait methods
What are the four reasons mentioned in the text for some evaluation programs to fail?
Bias evaluators, organizational politics, unclear standard, personal issues with the employee
Learn about the significance of compensation, performance appraisal, reward systems, employee relations, and employee movements in organizational management. This lesson outline covers topics such as compensation/wages, performance appraisal, reward system, employee relations, and grievance procedure.
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