Show:
1
2
3
4
5
100
Requires that compensation changes reflect performance differences.
What is Performance Philosophy
100
How Many New Students Joined BOA Am
What is 8
100
Indirect reward given to an employee or a group of employees for organizational membership.
What is Benefit
100
Base Pay, Variable Pay, & Benefits
What is Types of Compensation
100
Basic compensation that an employee receives.
What is Base Pay
200
Individual, Group/Team, & Organizational. - These Are Categories Of . . .
What is Variable Pay Plans
200
Groupings of individual jobs having approximately the same job worth.
What is Pay Grades
200
Perceived fairness in the distribution of outcomes
What is Distributive Justice
200
Sales rep. receives a percentage of the value of sales they have made
What is Straight Commission Systems
200
Workers Compensation, Unemployment, and Severance Pay
What are Security Benefits
300
Government-Mandated Benefits and Voluntary Benefits
What are Types of Benefits
300
Plan in which an employers "account" and identifies a number of health care alternatives.
What is Defined-contribution health plan
300
First 3 listed examples of Behavioral Competencies
What is Customer Focus, Team orientation, & Technical expertise
300
Financial incentives to encourage employees to use designated medical providers
What is Point of service plans
300
Gives employees the right to purchase a fixed number of shares.
What is Stock Option Plan
400
Form of sales compensation which combines the stability of a salary with the performance aspect of a commission.
What is Salary Plus Commission
400
Compensation linked directly to individual, team, or organizational performance.
What is Variable Pay
400
Pay differences among individuals with different levels of experience
What is Pay Compression
400
Assumes that individuals who have worked another year are entitled to pay increases. Little regard for performance differences.
What is Entitlement Philosophy
400
Monetary and non-monetary rewards provided to employees in order to attract, motivate, and retain them.
What is Total Rewards
500
One time payment that does not become part of the employee's base pay.
What is Bonus
500
Approach used when an organization emphasizes serving and retaining existing accounts, over generating new sales and accounts.
What is Salary Only Approach
500
Jobs that are found in many other organizations. Often performed by individuals who have similar duties. Requires KSAs
What is Benchmark Jobs
500
Perceived fairness of the process and procedures used to make decisions about employees.
What is Procedural Justice
500
Collection of data on compensation rates for workers performing similar jobs in other organizations.
What is Pay Survey