Human Resources Management Test 4 (Chapters 13-16) Questions and Answers
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Course
Human resource manager
Institution
Human Resource Manager
Human Resources Management Test 4
(Chapters 13-16) Questions and Answers
Stock Options is designed for the executives of the company while ESOBS is for all employees -
Answer-What's the main differences between at Stock Options and an ESOBs
Incentive Pay - Answer-Forms of pay linked to an emplo...
Stock Options - Answer✔✔-Rights to buy a certain number of shares of stock at a specified
price. Pg. 408
Employee Stock Ownership Plan (ESOP) - Answer✔✔-An arrangement in which the organization
distributes shares of stock to all its employees by placing it in a trust. Pg. 409
Balanced Scorecard - Answer✔✔-A combination of performance measures directed toward the
company's long and short term goals and used as the basis for awarding incentive pay. Pg. 410
it increases your chance of success and employee acceptance goes up. - Answer✔✔-If you
include your employers on incentive plans or in the decision making what will happen?
Social Security, Unemployment Insurance, Workers' Compensation, Family and Medical Leave
Act (FMLA) - Answer✔✔-What are the Four Benefits Required by Law
it will cost about 13,000 to keep an employee satisfied. - Answer✔✔-If a company spends
$10,000 on an employee, the benefits will cost about 30%. How much will it cost the company
overall?
Unemployment Insurance - Answer✔✔-A federally mandated program to minimize the hardship
of unemployment through payments to unemployed workers, help in finding new jobs, and
incentives to stabilize employment. Pg. 427
Experience Rating - Answer✔✔-The number of employees a company has laid off in the past
and the cost of providing them with unemployment benefits. Pg. 428
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