TEST

What is the primary objective of Pay for Performance and Financial Incentives?

• Reduce employee turnover

• Align individual performance with organizational goals

• Promote intrinsic motivation exclusively

• Provide non-financial recognition only

According to Herzberg's Two-Factor Theory, which factor is considered a motivator?

• Salary
  

• Working conditions
  

• Recognition
  

• Job security

What example illustrates Deci’s Intrinsic and Extrinsic Motivation Theory in China's Alibaba?

• Gold Medal Employees recognition
  

• Quarterly Performance Reward program
  

• Long-term equity incentive plans like stock options
  

• Pay-per-piece model for production line workers

In Vroom's Expectancy Theory, what connects effort and performance effectively?

• Performance reviews
  

• Training and process standards
  

• Employee satisfaction surveys
  

• Recognition programs

Which of the following is an example of Skinner's Reinforcement Theory in the workplace?

• Assigning team leader roles in a production line
  

• Providing bonuses for exceeding output targets
  

• Organizing technical sharing sessions
  

• Offering stock options to employees

Which type of individual incentive involves a one-time payment for achieving specific goals?

• Merit Pay
  

• Bonuses
  

• Recognition Programs
  

• Profit Sharing

What is an example of team incentives tied to productivity improvements?

• Team bonuses for achieving group targets
  

• Annual team award ceremonies
  

• Gainsharing rewards for efficiency goals
  

• Stock options for team leaders

In the Malaysia Airlines example, what motivates employees besides monetary rewards?

• Team bonuses
  

• Titles like "Best Service Personnel"
  

• Recognition for long-term service
  

• Performance-based pay increases

Which of the following is a challenge in implementing Pay for Performance and Financial Incentives?

• Providing flexibility for individual achievements
  

• Managing resistance during plan transitions
  

• Celebrating collective achievements
  

• Encouraging autonomy in project selection

What is a best practice for effective incentive plans mentioned in the presentation?

• Focus solely on financial rewards
  

• Use complex and dynamic structures
  

• Continuously evaluate and adjust plans
  

• Avoid non-financial recognition methods