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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 incentive and pay plan is tied to company’s overall profitability is called
fixed pay
variable pay
fixed-variable pay
mixed pay
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Pay for Performance and Financial Incentives
The motivation theory shows the downside of ‘extrinsic rewards’ is explained in
Victor Vroom expectancy theory
Edward Deci motivation theory
Maslow’s motivation theory
Fredrick Herzberg motivation theory
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Pay for Performance and Financial Incentives
A managerial approach, focusing on improving work methods, situation analysis and observation, known as
linking performance and pay
scientific management movement
performance based system
low-performance work system
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Pay for Performance and Financial Incentives
Frederick Herzberg, Abraham and Maslow, gave the theories of
motivation
HR system
appraisal system
performance based appraisal
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Pay for Performance and Financial Incentives
The loyalty awards given to employees, for completing several years is an example of
financial awards
non-financial rewards
non-motivating rewards
appraisal award
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Pay for Performance and Financial Incentives
The reward of performance must have some value for the employee, an example of
expectancy
instrumentality
valence
de-expectancy
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Pay for Performance and Financial Incentives
Changing the behavior of employees by rewarding or punishing is called
behavior modification
behavior modeling
behavior reshaping
behavior management
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Pay for Performance and Financial Incentives
If there is no expectancy, instrumentality and valence then there will be
extrinsic rewards
intrinsic rewards
motivation
detraction
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Pay for Performance and Financial Incentives
An enterprise Incentive Management systems include
planning compensation
analyzing compensation
managing compensation
all of above
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Pay for Performance and Financial Incentives
An employee training and confidence building is the best classified as
extrinsic rewards
intrinsic rewards
de-expectancy
expectancy
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