HSCI - 416 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
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Course
HSCI 416
Institution
HSCI 416
HSCI - 416 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
A hospital in a rural community is having difficulty attracting radiation therapists. In an effort to attract young, newly trained therapists, the department has decided to pay these newly graduated therapists at a pay...
A hospital in a rural community is having difficulty attracting radiation therapists.
In an effort to attract young, newly trained therapists, the department has decided
to pay these newly graduated therapists at a pay rate equivalent to that of
radiation therapists who have been with the hospital for up to ten years. What
compensation issue is relevant to this scenario?
Internal equity
Using a point system of job evaluation, which of the following is least likely to be
used as a compensable factor?
Age and experience of the current employee
Which of the following is not a common criticism of pay-for-performance
systems?
Because peers evaluate an employee's performance in most pay-for-performance
programs, bias is likely to be present.
Which of the following influences the pay structure of a particular organization?
a. The presence of a union in a competitor organization
b. Prevailing wage rates in the local market
c. Financial status of the organization
ALL OF THE ABOVE
Which of the following is true about physician compensation?
, Productivity-based compensation is the most common method of compensation.
According to equity theory:
if an employee perceives inequity in a reward system, the person will seek to restore
equity.
Broadbanding allows for:
a. managers to pay employees based on employee characteristics and performance.
b. greater decentralization of decisions about salaries.
c. managers to more easily change an individual's compensation.
ALL OF THE ABOVE
The major challenge in compensation for an organization is:
balancing internal equity with external competitiveness.
Which of the following is a result of reduced payments to academic medical
center hospitals?
Increased demand to perform more clinical work
Competency-based pay is an approach to compensation that
rewards employees who develop new skills.
Benefits provide additional compensatory value through all of the following
except what:
Training and development
Average cost of fringe benefits in many healthcare systems is:
from 20 percent to 35 percent of salary.
Human resources is responsible for the following when developing compensation
packages:
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