15 Questions
What are the two types of returns included in reward systems for employees?
Tangible and intangible
What are some of the possible negative outcomes of poorly implemented performance management systems?
Damaged relationships and decreased motivation to perform
Which of the following is an example of a tangible return in a reward system?
Cash compensation
What is a possible risk associated with poorly implemented performance management systems?
Unjustified demands on resources
Which of the following is an example of an intangible return in a reward system?
Learning opportunities
What can happen as a result of varying and unfair standards and ratings in performance management systems?
Decreased motivation to perform
What is a potential issue with unclear ratings systems in performance management?
Decreased employee engagement
What is the focus of base pay in a reward system?
Position and duties
What is a possible outcome of employee burnout in poorly implemented performance management systems?
Increased turnover
What is the purpose of cost-of-living adjustments in a reward system?
To combat inflation
What is contingent pay in a reward system based on?
Past performance
What are short-term incentives in a reward system based on?
Review periods
What is the goal of long-term incentives in a reward system?
To influence future performance
What is the purpose of income protection programs in a reward system?
To provide employment security
Which of the following is an example of a relational return in a reward system?
Recognition and status
Study Notes
- Poorly implemented performance management systems can have negative consequences.
- Increased turnover and lowered self-esteem are possible outcomes.
- Use of misleading information and wasted time/money are also risks.
- Damaged relationships and decreased motivation to perform may result.
- Employee burnout and job dissatisfaction can occur.
- Increased risk of litigation and unjustified demands on resources are possible.
- Varying and unfair standards and ratings may emerge.
- Personal biases and unclear ratings systems can also be issues.
Are you aware of the potential negative consequences of poorly implemented performance management systems? Take this quiz to test your knowledge and learn about the risks of increased turnover, lowered self-esteem, wasted time and money, damaged relationships, and more. Discover how personal biases and unclear rating systems can impact employee burnout and job dissatisfaction, while also increasing the risk of litigation and unjustified demands on resources. Don't miss out on this opportunity to improve your understanding of performance management systems and their potential pitfalls.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
