Question 1

Which of the following terms refers to a compensation plan that advances a firm's strategic goals?

Accepted Answer

A) strategic management 
B) performance pay plan 
C) aligned reward strategy 
D) workers' compensation package 
A) strategic management 
B) performance pay plan 
C) aligned reward strategy 
D) workers' compensation package

Question 2

Richard was recently offered a position as vice president of marketing at a national retail chain.As a top executive at the firm,Richard will most likely be compensated with all of the following EXCEPT ________.

Accepted Answer

A) stock options 
B) pension plans 
C) sales commissions 
D) supplemental life insurance 
A) stock options 
B) pension plans 
C) sales commissions 
D) supplemental life insurance

Question 3

Trevor,a sales manager at IBM,recently learned that an IBM human resources manager with comparable responsibilities and spans of control earns a higher salary than Trevor.Which form of equity is of most concern to Trevor?

Accepted Answer

A) external 
B) internal 
C) distributive 
D) individual 
A) external 
B) internal 
C) distributive 
D) individual

Question 4

Phil,the owner of Eastline Electronics,recently learned that the current rate being paid for the position of engineering assistant at his firm falls significantly below the wage line.Which of the following steps should Phil most likely take to correct this problem?

Accepted Answer

A) enact a pay freeze for that job 
B) assess a decrease in wages 
C) pay a one-time bonus 
D) provide a pay raise 
A) enact a pay freeze for that job 
B) assess a decrease in wages 
C) pay a one-time bonus 
D) provide a pay raise

Question 5

Due to federal legislation,greater opportunities for higher learning,and more women in the workforce,women in the U.S.earn approximately 90% as much as men.

Accepted Answer

A) True 
 B)False

Question 6

In a brief essay,compare and contrast the use of pay ranges with broadbanding.

Accepted Answer

There are several reasons to use pay ran

Question 7

Which of the following sets basic labor standards for employees working on any government contract that amounts to more than $10,000?

Accepted Answer

A) Davis-Bacon Act 
B) Walsh-Healey Public Contract 
C) Fair Wages Act 
D) Fair Labor Standards Act 
A) Davis-Bacon Act 
B) Walsh-Healey Public Contract 
C) Fair Wages Act 
D) Fair Labor Standards Act

Question 8

Which of the following is LEAST likely a benefit of using competency based pay?

Accepted Answer

A) supporting a firm's talent management process 
B) developing an efficient and legally defensible wage curve 
C) aiding in the implementation of a high-performance work system 
D) encouraging the development of skills needed for a firm's strategic goals 
A) supporting a firm's talent management process 
B) developing an efficient and legally defensible wage curve 
C) aiding in the implementation of a high-performance work system 
D) encouraging the development of skills needed for a firm's strategic goals

Question 9

Anita,a manager at a department store,needs to determine whether one of her employees is exempt or nonexempt under the Fair Labor Standards Act.Which of the following would be the best resource for Anita?

Accepted Answer

A) organizational chart 
B) performance appraisal 
C) business plan 
D) job description 
A) organizational chart 
B) performance appraisal 
C) business plan 
D) job description

Question 10

Which job evaluation method is a quantitative technique involving the identification of several compensable factors and the degree to which each of these factors is present in the job?

Accepted Answer

A) ranking method 
B) point method 
C) job grading method 
D) job classification method 
A) ranking method 
B) point method 
C) job grading method 
D) job classification method

Question 11

Which of the following terms refers to all forms of pay or rewards going to employees and arising from their employment?

Accepted Answer

A) salary 
B) employee benefits 
C) wage reimbursement 
D) employee compensation 
A) salary 
B) employee benefits 
C) wage reimbursement 
D) employee compensation

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Audrey is a lawyer in a mid-size firm in Chicago.She recently learned that another lawyer who joined the firm at the same time earns a lower salary than she does.Which form of equity is most relevant to Audrey's situation?

Accepted Answer

A) internal 
B) distributive 
C) individual 
D) procedural 
A) internal 
B) distributive 
C) individual 
D) procedural

Question 14

A ________ is comprised of jobs of approximately equal difficulty or importance as established by job evaluation.

Accepted Answer

A) wage curve 
B) benchmark 
C) pay grade 
D) class 
A) wage curve 
B) benchmark 
C) pay grade 
D) class

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

Which of the following jobs is most likely categorized as nonexempt from the overtime pay provisions of the Fair Labor Standards Act?

Accepted Answer

A) taxicab driver 
B) personnel director 
C) newspaper writer 
D) computer systems analyst 
A) taxicab driver 
B) personnel director 
C) newspaper writer 
D) computer systems analyst

Question 17

Which of the following is NOT one of the typical methods used by job evaluation committees to determine the worth of a job?

Accepted Answer

A) ranking 
B) point method 
C) job classification 
D) paired comparison 
A) ranking 
B) point method 
C) job classification 
D) paired comparison

Question 18

Which form of equity refers to the perceived fairness of the processes used to make decisions regarding the allocation of pay?

Accepted Answer

A) internal 
B) distributive 
C) individual 
D) procedural 
A) internal 
B) distributive 
C) individual 
D) procedural

Question 19

Which of the following is true for employers who use independent contractors?

Accepted Answer

A) Fair Labor Standards Act overtime requirements do not apply. 
B) Social Security taxes are higher than for regular employees. 
C) Federal income taxes are charged at a reduced rate. 
D) Payroll taxes are paid by the employer. 
A) Fair Labor Standards Act overtime requirements do not apply. 
B) Social Security taxes are higher than for regular employees. 
C) Federal income taxes are charged at a reduced rate. 
D) Payroll taxes are paid by the employer.

Question 20

Which of the following is used to anchor the employer's pay scale?

Accepted Answer

A) grades 
B) job metric 
C) benchmark job 
D) human resource metric 
A) grades 
B) job metric 
C) benchmark job 
D) human resource metric

Which of the following terms refers to a compensation plan that advances a firm's strategic goals?

Richard was recently offered a position as vice president of marketing at a national retail chain.As a top executive at the firm,Richard will most likely be compensated with all of the following EXCEPT ________.

Trevor,a sales manager at IBM,recently learned that an IBM human resources manager with comparable responsibilities and spans of control earns a higher salary than Trevor.Which form of equity is of most concern to Trevor?

Phil,the owner of Eastline Electronics,recently learned that the current rate being paid for the position of engineering assistant at his firm falls significantly below the wage line.Which of the following steps should Phil most likely take to correct this problem?

Due to federal legislation,greater opportunities for higher learning,and more women in the workforce,women in the U.S.earn approximately 90% as much as men.

In a brief essay,compare and contrast the use of pay ranges with broadbanding.

Which of the following sets basic labor standards for employees working on any government contract that amounts to more than $10,000?

Which of the following is LEAST likely a benefit of using competency based pay?

Anita,a manager at a department store,needs to determine whether one of her employees is exempt or nonexempt under the Fair Labor Standards Act.Which of the following would be the best resource for Anita?

Which job evaluation method is a quantitative technique involving the identification of several compensable factors and the degree to which each of these factors is present in the job?

Which of the following terms refers to all forms of pay or rewards going to employees and arising from their employment?

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

Audrey is a lawyer in a mid-size firm in Chicago.She recently learned that another lawyer who joined the firm at the same time earns a lower salary than she does.Which form of equity is most relevant to Audrey's situation?

A ________ is comprised of jobs of approximately equal difficulty or importance as established by job evaluation.

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

Which of the following jobs is most likely categorized as nonexempt from the overtime pay provisions of the Fair Labor Standards Act?

Which of the following is NOT one of the typical methods used by job evaluation committees to determine the worth of a job?

Which form of equity refers to the perceived fairness of the processes used to make decisions regarding the allocation of pay?

Which of the following is true for employers who use independent contractors?

Which of the following is used to anchor the employer's pay scale?

Introduction to Human Resource Management

Equal Opportunity and the Law

Human Resource Management Strategy and Analysis

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Pay for Performance and Financial Incentives

Benefits and Services

Ethics and Employee Rights and Discipline

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters

Exam 11: Establishing Strategic Pay Plans

Which of the following terms refers to a compensation plan that advances a firm's strategic goals?

Richard was recently offered a position as vice president of marketing at a national retail chain.As a top executive at the firm,Richard will most likely be compensated with all of the following EXCEPT ________.

Trevor,a sales manager at IBM,recently learned that an IBM human resources manager with comparable responsibilities and spans of control earns a higher salary than Trevor.Which form of equity is of most concern to Trevor?

Phil,the owner of Eastline Electronics,recently learned that the current rate being paid for the position of engineering assistant at his firm falls significantly below the wage line.Which of the following steps should Phil most likely take to correct this problem?

Due to federal legislation,greater opportunities for higher learning,and more women in the workforce,women in the U.S.earn approximately 90% as much as men.

In a brief essay,compare and contrast the use of pay ranges with broadbanding.

Which of the following sets basic labor standards for employees working on any government contract that amounts to more than $10,000?

Which of the following is LEAST likely a benefit of using competency based pay?

Anita,a manager at a department store,needs to determine whether one of her employees is exempt or nonexempt under the Fair Labor Standards Act.Which of the following would be the best resource for Anita?

Which job evaluation method is a quantitative technique involving the identification of several compensable factors and the degree to which each of these factors is present in the job?

Which of the following terms refers to all forms of pay or rewards going to employees and arising from their employment?

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

Audrey is a lawyer in a mid-size firm in Chicago.She recently learned that another lawyer who joined the firm at the same time earns a lower salary than she does.Which form of equity is most relevant to Audrey's situation?

A ________ is comprised of jobs of approximately equal difficulty or importance as established by job evaluation.

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

Which of the following jobs is most likely categorized as nonexempt from the overtime pay provisions of the Fair Labor Standards Act?

Which of the following is NOT one of the typical methods used by job evaluation committees to determine the worth of a job?

Which form of equity refers to the perceived fairness of the processes used to make decisions regarding the allocation of pay?

Which of the following is true for employers who use independent contractors?

Which of the following is used to anchor the employer's pay scale?

Introduction to Human Resource Management

Equal Opportunity and the Law

Human Resource Management Strategy and Analysis

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Pay for Performance and Financial Incentives

Benefits and Services

Ethics and Employee Rights and Discipline

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters