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Pay for Performance and Financial Incentives
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Pay for Performance and Financial Incentives
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Pay for Performance and Financial Incentives
The standard of ‘output’ for a job is called
fair day’s work
unfair day’s work
incentive rate
systematic soldiering
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rikazzz
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Pay for Performance and Financial Incentives
The pay is rewarded according to strict proportionality between rewards and production results, known as
straight piecework
proportional piecework
dis-proportional piecework
variable piecework
Author:
rikazzz
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Pay for Performance and Financial Incentives
Showing employees their performance graphs and quantitative data is an example of
performance feedback
performance appraisal
appraisal system
appraisal feedback
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rikazzz
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Pay for Performance and Financial Incentives
The straight commission plan pay salespeople for their
results
experience
skills
knowledge
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rikazzz
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Pay for Performance and Financial Incentives
The need of food, water and shelter is classified as
psychological needs
self-actualization
physiological needs
self-esteem needs
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rikazzz
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Pay for Performance and Financial Incentives
The theory, according to which people are motivated in a sequence of hierarchy of needs is called
prepotency process principle
prepotency process principle
process principle
hierarchy principle
Author:
rikazzz
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Pay for Performance and Financial Incentives
The portion of increased salary paid to employee for an individual performance is called
merit pay
motivators
de-merit pay
fixed merit pay
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rikazzz
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Pay for Performance and Financial Incentives
The reward given to workers whose work exceeds some set standards is called
financial incentives
non-financial incentives
effective incentives
ineffective incentives
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rikazzz
Comment
Pay for Performance and Financial Incentives
If a worker gets a premium for extra ‘output’ than a ‘set standard’ is called
standard hour plan
standard piece rate
standard piecework
variable hour plan
Author:
rikazzz
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Pay for Performance and Financial Incentives
According to Fredrick Herzberg, the person’s low-level needs are classified as
hygiene’s
motivators
unhygienic
unmotivated
Author:
rikazzz
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