Exam 11: Establishing Strategic Pay Plans

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Salary compression can be caused by .

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Jack worked 6 hours of overtime this week but has decided to take time off instead of overtime pay. How many hours will Jack get off?

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The point method of job evaluation entails .

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The Equal Pay Act focuses on three compensable factors-know -how, problem solving, and accountability.

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A union is entitled to know the salary of each employee it is representing.

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According to the Family and Medical Leave Act, eligible employees can take up to weeks of unpaid, job-protected leave for the birth of a child or for the care of a child, spouse, or parent.

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A company using competency-based pay compensates for all of the following except an employee 's .

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Jill works as a cashier at a grocery store. She earns $8 an hour (or $320 for a 40 -hour week). Last week, she worked 44 hours. What did she earn last week?

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refers to all forms of pay or rewards going to employees and arising from their employment.

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Which of the following is addressed by the Fair Labor Standards Act?

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When using the job classification method of job evaluation, raters categorize jobs into groups of similar jobs called .

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The gave employees the right to organize, bargain collectively, and engage in concerted activities for the purpose of collective bargaining.

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Competencies are demonstrable characteristics of a person including knowledge, skills, and behaviors that enable performance.

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In the broadest sense, comparable worth may mean comparing jobs that are very dissimilar such as nursing to fire fighting.

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Which of the following factors affects the design of any pay plan?

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Job evaluation is primarily a judgmental process.

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Which form of equity refers to how fair a job's pay rate is, when compared to other jobs within the same company?

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According to the Family and Medical Leave Act, eligible employees can take unpaid, job-protected leave for the .

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Competency-based pay plans tie pay to seniority as well as to competence.

(True/False)
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Direct financial payments may be based on increments of time and on performance.

(True/False)
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