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51. Profit-sharing programs differ from skill-based pay programs in that the former share company profits with employees, while the latter are based on the number and level of job-related skills that an employee has learned.
ANS: T Motivation Concepts
52. Profit-sharing programs are very popular in Japan.
ANS: T
53. Profit-sharing programs are seldom used in Japan.
ANS: F
Profit-sharing programs are very popular in Japan.
54. According to the Change Competency: Nucor’s Profit-Sharing Program, The average
Nucor steelworker earns more than $70,000 per year, but only one-third of that amount is guaranteed.
ANS: T
55. According to the Change Competency: Nucor’s Profit-Sharing Program, Nucor’s profit-sharing plan is also based on employees’ ability to keep the mills running and discover new ways to improve the quality and amount of steel produced.
ANS: T
56. Skill-based pay programs are based on the number and level of job-related skills that an employee has learned.
ANS: T
ANS: T Motivation Concepts
52. Profit-sharing programs are very popular in Japan.
ANS: T
53. Profit-sharing programs are seldom used in Japan.
ANS: F
Profit-sharing programs are very popular in Japan.
54. According to the Change Competency: Nucor’s Profit-Sharing Program, The average
Nucor steelworker earns more than $70,000 per year, but only one-third of that amount is guaranteed.
ANS: T
55. According to the Change Competency: Nucor’s Profit-Sharing Program, Nucor’s profit-sharing plan is also based on employees’ ability to keep the mills running and discover new ways to improve the quality and amount of steel produced.
ANS: T
56. Skill-based pay programs are based on the number and level of job-related skills that an employee has learned.
ANS: T
