hrm

ikarus9007

HRM210_310_TAP4_CH11_Assignment.pdf

Home >Human Resource Management homework help >hrm

HRM210_310 - CH11 Spring 2020

HRM210/310 Spring 2020

TAP 4 - 15%

Individual Assignment

NAME and ID:

HRM210_310 - CH11 Spring 2020

ANSWER SHEET

I. Multiple choice questions (5 points each): 1) Intrinsic rewards come from:

a) Participation in decision making b) Greater job freedom c) More responsibility d) All of the above

2) Extrinsic rewards come from:

a) Feeling like you are part of something bigger b) Emotional rewards c) Financial and non-financial rewards d) None of the above

3) Labor law is:

a) Government policies that set the minimum salary for employee b) Government policy for who should be the employee of the month c) Government tell companies to give bonuses by the end of the year d) None of the above

4) Job evaluation within the organization is:

a) The process of comparing jobs and defining appropriate value for them b) Part of selection process that has nothing to do with evaluation c) Finding who gets the promotion and who should be fired d) Who gets the best perks (parking spot, free lunches)

II. Match the following components with their corresponding explanation (20 points): a) Monetary-money b) Non-monetary c) Come from a source outside the job d) Come from the job itself

Question Write a, b, c or d 1 2 3 4 Total

Intrinsic rewards Extrinsic rewards Financial Non-financial

HRM210_310 - CH11 Spring 2020

III. Match the following definitions with the right term (20 points):

1 Pay based on how well the team performed

Process of comparing jobs within the organization that defines the appropriate value of each job

3 The amount of money needed to live comfortably every month

4 Act to protect employees from discrimination

5 Paid to executives over extended time periods, to encourage them to stay with the company

A. Job evaluation B. Deferred bonuses C. Team based compensation D. The Civil Rights and Equal Pay Act E. Cost of Living (CPI)

IV. Labour market condition is an external factor that affects compensation.

Explain how different labour market conditions affect compensation. (20 points)

_____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________

V. Cost of living is an external factor that affects compensation. What happens when CPI increases when it comes to compensation? (10 points)

HRM210_310 - CH11 Spring 2020

VI. Name the three job evaluation methods and specify which method is mostly used in smaller organizations, and which method is mostly used in larger organizations. (10 points)

Bonus Question: Name the two types of rewards (10 points):