The text and lectures mention several organizations that have really "cool" and innovative benefits systems. Take a look at Google's benefits, for example.

Please share with the class any really "cool"/innovative employee benefit that you have experienced, heard about, read about, etc.

Which of the following is a benefit derived from budgeting?

A) Budgeting focuses management's attention on the future.
B) Budgeting provides coordination of departments.
C) Budgeting provides a basis for evaluating performance.
D) Budgeting provides motivation for managers and employees.
E) All of the choices are benefits derived from budgeting.

Many organizations use performance appraisals of employees to guide merit pay decisions. Using an organization that you are familiar with (by working there, reading about it, knowing someone who works there, etc.), describe how performance appraisals are linked with pay. Do they use a merit pay grid? See Ch. 10 in the text for an example of such a grid. What are two pros and two cons of linking pay with performance appraisals?