Exam 12: Healthcare Compensation Practices

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Setting a range for each pay grade gives flexibility by allowing individuals to progress within a grade.

(True/False)
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An individual whose pay is below the range for his/her position is a __________.

(Multiple Choice)
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Intrinsic rewards do not include praise for completing a project or meeting performance objectives.

(True/False)
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Employees and managers who subscribe to the entitlement philosophy believe that individuals who worked another year are entitled to __________.

(Multiple Choice)
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If you are given a reward just for being hired into the organization,you are being given __________.

(Multiple Choice)
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Properly using wage surveys from various credible sources requires which of the following questions to be addressed:

(Multiple Choice)
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An effective compensation program addresses which of the following objectives?

(Multiple Choice)
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FLSA does not require overtime pay for __________.

(Multiple Choice)
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When using comp-time,what is given in lieu of payment for extra time worked?

(Multiple Choice)
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The following is used to determine compensation using the Total Rewards Approach:

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Extrinsic rewards are tangible and only take non-monetary forms.

(True/False)
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Advocates of pay equity view the disparity in pay between men's jobs and women's jobs as evidence of gender discrimination.

(True/False)
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An entitlement approach to compensation factors in elements such as how much an employee knows when determining compensation.

(True/False)
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The minimum wage provision of the Fair Labor Standards Act does not apply to "tipped" employees.

(True/False)
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Which is not a basic approach to healthcare compensation?

(Multiple Choice)
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When the pay differences among individuals with different levels of experience and performance becomes small,this is referred to as __________.

(Multiple Choice)
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Classifying someone as an independent contractor rather than an employee allows the employer to avoid paying Social Security,unemployment,and workers compensation.

(True/False)
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If an employer chooses a second quartile strategy,that means __________.

(Multiple Choice)
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In most healthcare organizations,who is the major policy-setting entity?

(Multiple Choice)
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Using the Factor Comparison method,the __________ step involves evaluating all other jobs in the organization by comparing them with benchmark jobs.

(Multiple Choice)
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