1. Danielle, the HR at Bullwinkle-Alpha Inc., has been assigned the task of giving out incentives to employees within the organization in appreciation for various accomplishments such as improved cost savings, higher efficiency, and so on. Keeping in mind the various parameters for paying out the incentive, Danielle should give out the incentives in the form of
merit pay.
gain sharing.
group bonuses.
team awards.
commission.
2. Which of the following is true of retirement plans?
Noncontributory plans are contributed by employees.
Defined-contribution plans are less preferred by employers.
In cash balance plans, all contributions are made by employers.
Defined-benefit plans are generous to young employees.
Cash balance plans produce great savings in pension benefits.