Human Resources Management

Final Term Revision

Q1: Determine The Scientific Term, Put your answer in scientific term Colum
No Concept Scientific Term
1 Performance appraisal done by an employees manager and Supervisor
often reviewed by a manager one level higher. Appraisal
2 Performance appraisal done by the employee being evaluated, Self-Appraisal
generally on an appraisal form completed by the employee
prior to the performance review.
3 Performance appraisal of a superior by an employee, which is Subordinate
more appropriate for developmental than for administrative Appraisal
purposes.
4 All forms of pay or rewards going to employees and arising Employee
from their employment. compensation
5 Pay in the form of wages, salaries, incentives, commissions, Direct financial
and bonuses. payments
6 Pay in the form of financial benefits such as insurance. Indirect financial
payments
7 Where the company pays for the employees range, depth, and Competency-based
types of skills and knowledge, rather than for the job title he or pay
she holds.
8 Financial rewards paid to workers whose production exceeds a Incentives
predetermined standard.
9 The worker is paid a sum (called a piece rate) for each unit he Piecework Plans
or she produces.
10 A permanent cumulative salary increase the firm awards to an Merit pay
individual employee based on his or her individual
performance.
11 Merit awards tied to both individual and organizational Merit pay options
performance.
12 Professional employees are those whose work involves the Incentives for
application of learned knowledge to the solution of the professional
employers problems. employees
13 A plan in which a production standard is set for a specific work Team or group
group, and its members are paid incentives if the group exceeds incentive plan
the production standard.
14 A corporation annually contributes its own stockor cash Employee stock
(with a limit of 15% of compensation) to be used to purchase ownership plan
the stockto a trust established for the employees. (ESOP)
15 Plans whose payment or value is contingent on financial Performance plans
performance measured against objectives set at the start of a
multi-year period.
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 No Concept Scientific Term
16 Indirect financial and nonfinancial payments employees Benefits
receive for continuing their employment with the company.
17 Provides for benefits if a person is unable to work through no Unemployment
fault of his or her own. insurance
18 Provides pay to an employee when he or she is out of work Sick leave
because of illness.
19 A one-time payment when terminating an employee. Severance pay
20 A medical organization consisting of specialists operating out Health
of a community-based health care center. maintenance
organization
(HMO)

Q2: Determine which Statement is true and which is false, With

justification the false statements.
No Statement True or False
1 Self-Appraisal is Performance appraisal done by an (X)
employees manager and often reviewed by a manager one Supervisor
level higher. Appraisal
2 Performance appraisal done by the employee being evaluated, ()
generally on an appraisal form completed by the employee Self-Appraisal
prior to the performance review.
3 Self-Appraisal is Performance appraisal of a superior by an (X)
employee, which is more appropriate for developmental than Subordinate
for administrative purposes. Appraisal
4 Employee compensation is All forms of pay or rewards going ()
to employees and arising from their employment. Employee
compensation
5 Indirect financial payments are Pay in the form of wages, (X)
salaries, incentives, commissions, and bonuses. Direct financial
payments
6 Direct financial payments are Pay in the form of financial (X)
benefits such as insurance. Indirect
financial
payments
7 Competency-based pay Is Where the company pays for the ()
employees range, depth, and types of skills and knowledge, Competency-
rather than for the job title he or she holds. based pay

8 Piecework Plans is Financial rewards paid to workers whose (X)

production exceeds a predetermined standard. Incentives

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No Statement True or False
9 Merit pay is The worker is paid a sum for each unit he or she (X)
produces. Piecework Plans

10 Merit pay options is A permanent cumulative salary increase (X) Merit pay
the firm awards to an individual employee based on his or her
individual performance.
11 Merit pay is Merit awards tied to both individual and (X)
organizational performance. Merit pay
options
12 Team or group incentive plan is Professional employees are (X)
those whose work involves the application of learned Incentives for
knowledge to the solution of the employers problems. professional
employees
13 Incentives for professional employees is A plan in which a (X)
production standard is set for a specific work group, and its Team or group
members are paid incentives if the group exceeds the incentive plan
production standard.
14 Performance plans is A corporation annually contributes its (X)
own stockor cash (with a limit of 15% of compensation) to Employee stock
be used to purchase the stockto a trust established for the ownership plan
employees. (ESOP)
15 Benefits are Plans whose payment or value is contingent on (X)
financial performance measured against objectives set at the Performance
start of a multi-year period. plans

16 Benefits Is Indirect financial and nonfinancial payments ()

employees receive for continuing their employment with the
company.
17 Unemployment insurance is Provides for benefits if a person is ()
unable to work through no fault of his or her own.
18 Severance pay is Provides pay to an employee when he or she (X)
is out of work because of illness. Sick leave

19 Sick leave is A one-time payment when terminating an (X)

employee. Severance pay
20 Health maintenance organization is A medical organization ()
consisting of specialists operating out of a community-based Health
health care center. maintenance
organization
(HMO)

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Q3: List the following:
1. Main Purposes of Performance Management:
a) Individual Rewards (Base and Incentive)
b) Feedback for Sub-Ordinate (Plus and Minus)
c) Recognition of Superior Performance
d) Documentation of Weak Performance
e) Personnel Decision-Making
f) Future Goal Commitments (Planned Achievements)
2. Reasons for Appraisals:
a) Compensation "Pay for Performance"
b) Job Performance Improvements
c) Feedback to Subordinates
d) Documentation for Decisions
e) Goal Setting - Later Evaluation
f) Promotion Decisions
g) Identify Training Needs
h) HR Planning
3. Types of Employee Benefits:
a) Pay for time not worked
b) Insurance benefits
c) Retirement benefits
d) Services
4. Individual Incentive Plans:
a) Piecework Plans
b) Merit pay
c) Merit pay options
d) Incentives for professional employees
e) Possible incentives
f) Recognition-based awards
5. Compensation Policy Issues:
a) Pay for performance
b) Pay for seniority
c) The pay cycle
d) Salary increases and promotions
e) Overtime and shift pay
f) Paid and unpaid leaves
g) Paid holidays
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 h) Salary compression

Q4: Draw
1. The 360 Appraisal Interview: