Variable Pay Executive Compensation
The payment which is made to employee for only one time and is not part of the base pay is classified as
incentives
primacy reward
bonuses
decency reward
bonuses
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The work team results and gain sharing are techniques to incentive theA. individual
B. group or team
C. chief executive officer only
D. middle managers only
The special perk available for executives to provide the security against the loss of job while takeover of companies is classified as
A. golden parachute
B. silver parachute
C. decency parachute
D. primacy parachute
The amount of compensation which is linked to teams, individuals and organizational performance is classified as
A. non-exempted pay
B. exempted pay
C. variable pay
D. base pay
The technique of giving incentive to employees in which the productivity more than expected is shared with the employees is classified as
A. broad banding
B. draw sharing
C. profit sharing
D. gain sharing
The types of piece-rate systems include
A. straight piece rate system
B. differential piece rate system
C. primacy piece rate system
D. both A and B
The subgroup made of all the directors who are not working officers of the firm is called
A. perks committee
B. compensation committee
C. incentives committee
D. planning committee
The plan in which the employees get some ownership in organization for which they are working is classified as
A. employee stock options plan
B. employee stock ownership plan
C. profit ownership plan
D. recruitment ownership plan
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