Appraisal, Promotion and Compensation

Q.

___ means evaluating an employee’s current or past performance against certain predetermined standards.

Q.

Controlling function finds out how far __________ deviates from standards.

1. Actual performance

2. Improvement

3. Corrective actions

4. Cost

Q.

Which of the following is not a non-financial incentive?

1. Job enrichment
   

2. Employee progress
   

3. Bonus
   

4. Status

Q.

Data going into the computer is called

1. Algorithm

2. Output

3. input

4. Flow chart

Q.

It refers to the horizontal movement of employees within the organisational structure,

1. Transfer

2. Training

3. Selection

4. Promotion

Q.

Explain different financial and non-financial incentives used to motivate the employees of a company?

Q. Which of the following factors influence motivation among employees?
(i) Cash rewards
(ii) Healthy competition
(iii) Bonus
(iv) Participation in management

[1 mark]

1. Only (i)
2. Only (i) and (ii)
3. Only (i), (ii), and (iii)
4. (i), (ii), (iii), and (iv)

Q. What is the reward for employment in the form of pay, salary, or wage, including allowances, benefits (such as company car, medical plan, and pension plan), bonuses, cash incentives, and monetary value of the non-cash incentives?

[1 mark]

1. Payslip
2. Earned leave
3. National pension system
4. Remuneration

Q.

When the employees are given a promotion, their ________.

1. Loyalty increases

2. Job satisfaction level is higher

3. Motivation level improves

4. All of the above

Q. refers to all forms of pay or rewards given to employees by an employer.

1. Appraisal
2. Compensation
3. Incentive

Q. means evaluating an employee's current and/or past performance as against predetermined standards.

1. Appraisal
2. Promotion
3. Training
4. Development

Q. Which of the following is a monetary incentive used by the organisations?

1. Appreciation of work
2. Healthy competition
3. Fringe benefits
4. Status symbols

Q.

The General Manager of XYZ Ltd, was addressing employees during employee recognition program function. He stressed:employee should make all efforts to increase their market value. To achieve this objective, they should increase their capacity and efficiency. They should also make such endeavor as to get job satisfaction. Not only that it is equally essential that they should concentrate on minimizing the accidents.' Identify the type of incentive.

1. Non-monetary- Recognition

2. Compensation

3. All of the above

4. Promotion

Q.

Promotion leads to _________.

Q.

Getting feedback from the manager is important for the employee's perspective.

1. True

2. False

Q. The term 'remuneration' means compensation or pay, but it has a broader meaning than pay because it can include not just basic salary or bonuses but commissions and other payments or benefits paid under the terms of an employment contract as well. It is the reward for employment in the form of pay, salary, or wage, including allowances, benefits (such as company car, medical plan, and pension plan), bonuses, cash incentives, and monetary value of the non-cash incentives.

Which of the following is not correct about the time-rate system?

[1 mark]

1. It fails to discriminate between an efficient worker and an inefficient one.
2. Efficiency of workers is low under this system as workers have a tendency to do minimum work.
3. It is simple and easy to understand.
4. It is easy to determine labour cost per unit.

Q. Assertion :Job evaluation is a technique of assessing the worth of each job in comparison with others throughout an organization. Reason: Job evaluation and job rating are one and the same for employees; appraisal purposes.

1. Both Assertion and Reason are correct and Reason is the correct explanation for Assertion
2. Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion
3. Assertion is correct but Reason is incorrect
4. Assertion is incorrect but Reason is correct

Q. refers to being placed in positions of increased responsibility.

1. Promotion
2. Training
3. Development

Q. Write a word or a phrase or a term which can substitute each one of the following :

An end function where the performance is evaluated in accordance with the plan.

Q. In a 360 degree of appraisal of the employee, His performance is rated by_____________.

1. superiors only
2. Superiors and subordinates
3. Superiors, peer, and subordinates
4. Superiors and peers

Q. Job evaluation is the _______.

1. process of determining the relative worth of a job
2. both (a) and (b)
3. none of the above
4. process of determining the nature and contents of a particular job

Q. Fill in the blank with the most appropriate option:
They offered a ________ of incentives to attract qualified people for the post.

1. gift
2. package
3. bundle
4. assurance

Q. Fill in the blank with the most appropriate word:
Successful people are genuinely very efficient in ____________ their tasks.

1. making
2. creating
3. achieving
4. organizing
5. accomplishing