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Major characteristics of a successful profit-sharing plan

63. ____ may have the least motivating impact on employees, because of the difficulty an individual employee would have in influencing his or her level of rewards under the plan.
a.
Skill-based pay
b.
Scanlon plans
c.
Informal rewards
d.
Profit-sharing programs


ANS:  D                      

   64.   The use of ____ as a reward system is more likely than the others listed to be perceived as unfair by employees, since they may feel that their own behavior will have little influence on their rewards.
a.
goal setting
b.
profit-sharing programs
c.
flexible benefit plans
d.
skill-based pay


ANS:  B                     

   65.   The limitation of individuals and teams not likely to have an impact on overall organizational performance is characteristic of what reward system?
a.
informal rewards
b.
flexible benefits plans
c.
skill-based pay
d.
profit-sharing programs


ANS:  D                   

   66.   All of the following are characteristics of a successful profit-sharing plan except:
a.
do not bother setting goals for the plan
b.
involve line managers and employees in the plan's creation to ensure they'll support it
c.
tie the program to the company’s strategies
d.
give the plan time to succeed


ANS:    A