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Pay for Performance Flashcards | StudBud

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Pay for Performance

7 terms·StudBud Administration·19 plays

#humanresources #performance #compensation

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Questions 7

Answers

1
Pay for Performance is the most efficient method
True
False
2
What pay system does Intel use?
Competencies system
Other
Traditional pay system
Pay for performance
3
This characteristic does not give an advantage to pay 4 performance over other payment systems
Attract potential job applicants
Supervisors may favor certain employees over others
Identify employees capable of the highest performance
retain top talent employees
4
The payment plan a company chooses depends on:
Market Conditions and goals involved
The mood of the manager
The expected time of stay of an employee in a company
Values of the business
5
Do companies use just one paying system?
They only use two types of paying system
They only use one paying system
They have a mixed paying system
All of the above
6
What pay system does Google use?
Competencies system
Traditional pay system
Pay for performance
Other
7
What exactly does pay for performance do?
Skill/knowledge based
Pay for hours worked instead of weekly
Decrease competition
Motivate employees to work well