BUS 381 Study Guide - Final Guide: Total Rewards, Executive Compensation, Pearson Education

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Dessler/Chhinzer/Cole, Human Resources Management in Canada, 12/C/e
Chapter 11: Strategic Pay Plans
1) Total rewards refers to
a. payroll costs.
b. all forms of pay or other compensation provided to employees.
c. cash payments only.
d. certain forms of pay and rewards to employees.
e. contractual pay methods or fringe benefits to employees.
Answer: b
Diff: 1
Type: MC
Page Reference: 294
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
2) The total rewards approach has arisen from the
a. organization's business needs.
b. executive boardroom.
c. changing global economy.
d. employee's requirement for stability.
e. changing business environment of the last several decades.
Answer: e
Diff: 3
Type: MC
Page Reference: 294
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
3) A total rewards approach considers
a. cost constraints.
b. business strategy.
c. individual reward components as part of an integrated whole.
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Dessler/Chhinzer/Cole, Human Resources Management in Canada, 12/C/e
Chapter 11: Strategic Pay Plans
d. employee value.
e. compensation and benefits together.
Answer: c
Diff: 2
Type: MC
Page Reference: 294
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
4) Total rewards are conceptualized by WorldatWork as having three broad categories.
They are
a. development/career opportunities, benefits, and work experience.
b. bonus, benefits, and work experience.
c. compensation, benefits, and non-monetary rewards.
d. compensation, flexible benefits, and work experience.
e. performance and recognition, benefits, and work experience.
Answer: c
Diff: 1
Type: MC
Page Reference: 294
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
5) Research conducted by WorldatWork has clarified the "work experience" category of
total rewards by splitting it into three parts. They are
a. work/life programs, succession programs, and salary grade.
b. work/life programs, performance and recognition, and development and career
opportunities.
c. work/life programs, business strategy, and development/career opportunities.
d. work/life programs, HR strategy, and development/career opportunities.
Copyright © 2014 Pearson Canada Inc.
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Dessler/Chhinzer/Cole, Human Resources Management in Canada, 12/C/e
Chapter 11: Strategic Pay Plans
e. work/life programs, organizational culture, and development/career opportunities.
Answer: b
Diff: 3
Type: MC
Page Reference: 294
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
6) Work/life programs help employees do their jobs effectively using
a. flexible scheduling and childcare.
b. vacation and holidays.
c. employer-paid insurance.
d. advancement opportunities.
e. recognition programs.
Answer: a
Diff: 2
Type: MC
Page Reference: 295
Topic: Monitors the competitiveness of the total compensation strategy on an ongoing
basis
Skill: Recall
Objective: LO-1 Explain the strategic importance of total rewards.
7) Engagement is
a. providing competitive base pay.
b. transactional rewards which are consistent across competing organizations.
c. a positive emotional connection to the employer and a clear understanding of the
strategic significance of the job.
d. the belief that the organization cares about talent management.
e. relational work experiences.
Answer: c
Copyright © 2014 Pearson Canada Inc.
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