Answer the following statements true (T) or false (F)
1. Job status-based rewards potentially motivate employees to compete with each other.
2. Job status-based rewards discourage employees from hoarding resources.
3. An advantage of competency-based rewards is that measuring employee competencies is
mostly done through objective measurement methods.
4. Competency-based rewards are consistent with the concept of employability.
5. Competency-based rewards pay employees based on their seniority in the organization.
1. TRUE
Job status-based rewards try to improve feelings of fairness, such that people in higher-valued
jobs should get higher pay. These rewards also motivate employees to compete for
promotions.
2. FALSE
Job status-based pay potentially motivates employees to compete with one another for higher-status jobs and to raise the value of their own jobs by exaggerating job duties and hoarding resources.
3. FALSE
Competency-based reward systems have a disadvantage in that they rely on subjective
measurement of competencies.
4. TRUE
Competency-based rewards improve workforce flexibility and are consistent with the emerging idea of employability.
5. FALSE
Competency-based rewards pay employees based on how well they demonstrate each of
those competencies.
You might also like to view...
Organizational marketing refers to:
A) explaining the importance of marketing to all the departments in the organization. B) marketing a product or service to another organization. C) allowing customers to contact any member of the organization for any assistance. D) creating the corporate strategy based on a marketing plan.
Early versions of the SLII model, developmental levels of followers were referred to as ______.
A. confidence or openness B. readiness or maturity C. social judgment or emotionality D. skills or traits
How does the purchase of supplies on account affect the accounting equation?
A) assets increase; owner's equity decreases B) assets increase; liabilities increase C) assets increase; liabilities decrease D) liabilities increase; owner's equity decreases
Our department will meet at ____ after the meeting
A) Karens B) Karens' C) Karen's