Question

In: Operations Management

a.   bonus b.   commissions c.   merit pay d.   piecework e.   standard hour f.   nonmonetary awards g.   praise ____ 11.   I’m an auto

a.   bonus

b.   commissions

c.   merit pay

d.   piecework

e.   standard hour

f.   nonmonetary awards

g.   praise

____ 11.   I’m an auto mechanic at a dealership, and we have a set amount of time to complete each type of repair work. I complete a job before a stated time so that I can go on to the next car and get paid extra for being faster than the average guy.

____ 12.   I just sold that top-of-the-line BMW M3. I can’t wait to get my pay this week.

____ 13.   I’m the top producer in the entire department, so I will get an extra raise for high performance this year.

____ 14.   The boss had me come to the front of the room at the annual meeting to get a plaque for 5 years of service to the company. She listed some of my major accomplishments.

____ 15.   The boss just thanked me for getting a shipment that was behind schedule out on time

a.   base pay

b.   wage and salary add-ons

c.   incentive pay

d.   benefits

____ 1.   I’d like to work for a firm that will help pay for me to get my master’s of business administration (MBA) degree.

____ 2.   I get paid only $11 an hour, so I’m looking for a better job.

____ 3.   I like getting paid the same each week. It helps me to budget my expenses.

____ 4.   I like being paid for every sale I make, but my pay does vary from week to week.

____ 5.   I like working nights because it pays more.

Solutions

Expert Solution

11.   I’m an auto mechanic at a dealership, and we have a set amount of time to complete each type of repair work. I complete a job before a stated time so that I can go on to the next car and get paid extra for being faster than the average guy. - d.   piecework

work paid for according to the amount produced.

12.   I just sold that top-of-the-line BMW M3. I can’t wait to get my pay this week. - b. Commisions

Commision is a pecentage of the sales volumes

13. I’m the top producer in the entire department, so I will get an extra raise for high performance this year. - a. Bonus

Bonus is a sum of money added to an employee's wages as a reward for good performance

14. I’m the top producer in the entire department, so I will get an extra raise for high performance this year. - f. Nonmonetary awards

Nonmonetary award is an award given in non-cash for, like public recognition.

15.   The boss just thanked me for getting a shipment that was behind schedule out on time - g. Praise

Praise is appreciating / expressing admiration an employee for good work.

1. I’d like to work for a firm that will help pay for me to get my master’s of business administration (MBA) degree. - d.   benefits

Benefits is expressijng gratitude to employees by non-cash benefits like free transport, higher education paid, free food at work.

2.   I get paid only $11 an hour, so I’m looking for a better job. - a.   base pay

Base pay is the salary offered to an employee not including benefits or bonuses.

3.   I like getting paid the same each week. It helps me to budget my expenses. - a.   base pay

Base pay is the salary offered to an employee not including benefits or bonuses. This is usually a predictable amount every month / payroll reperiod.

4.  I like being paid for every sale I make, but my pay does vary from week to week. - b. wage and salary add-ons

Wage and salary add-ons is compensate given to employees for work beyond their normal work schedules and includes items like reimbursement.

5.   I like working nights because it pays more. - c.   incentive pay

An amount given to employees to enhance motivation.


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