Question 1

The most common indirect compensation is employee benefits.

Accepted Answer

A) True 
 B)False

Question 2

Describe Internet-based pay information and pay surveys.

Accepted Answer

Internet-Based Pay Information HR profes

Question 3

Organizational policies that discourage employees from sharing pay information with each other may violate the _____.

Accepted Answer

A)  Equal Pay Act 
B)  National Labor Relations Act 
C)  Fair Pay Act 
D)  Davis-Bacon Act 
A)  Equal Pay Act 
B)  National Labor Relations Act 
C)  Fair Pay Act 
D)  Davis-Bacon Act

Question 4

If a state's minimum wage is higher than the federal minimum wage, _____.

Accepted Answer

A)  employers must pay whichever wage is higher 
B)  employers must pay whichever wage is lower 
C)  employers are free to choose between either of the two 
D)  employers must pay the difference as employee benefits 
A)  employers must pay whichever wage is higher 
B)  employers must pay whichever wage is lower 
C)  employers are free to choose between either of the two 
D)  employers must pay the difference as employee benefits

Question 5

Describe the pay-for-performance philosophy of employee compensation.

Accepted Answer

A pay-for-performance philosophy assumes

Question 6

Describe the Fair Labor Standards Act and the major areas it focuses on.

Accepted Answer

The primary federal law affecting compen

Question 7

Which of the following statements is true of the expectancy theory?

Accepted Answer

A)  This theory emphasizes the importance of finding valued rewards for the employee. 
B)  This theory of motivation was first introduced by John Stacey Adams in 1963. 
C)  This theory states that individuals judge fairness in compensation by comparing their inputs and outcomes against the inputs and outcomes of referent others. 
D)  This theory is applicable only to flat organizations with little or no formal structure. 
A)  This theory emphasizes the importance of finding valued rewards for the employee. 
B)  This theory of motivation was first introduced by John Stacey Adams in 1963. 
C)  This theory states that individuals judge fairness in compensation by comparing their inputs and outcomes against the inputs and outcomes of referent others. 
D)  This theory is applicable only to flat organizations with little or no formal structure.

Question 8

Benchmark jobs are _____.

Accepted Answer

A)  all blue-collar jobs that require high skill and application 
B)  jobs that are found in many other organizations 
C)  all white-collar jobs that require high skill and application 
D)  jobs that are not commonly found in many other organizations 
A)  all blue-collar jobs that require high skill and application 
B)  jobs that are found in many other organizations 
C)  all white-collar jobs that require high skill and application 
D)  jobs that are not commonly found in many other organizations

Question 9

A red-circled employee is an employee who is paid above the range for the job.

Accepted Answer

A) True 
 B)False

Question 10

Average annual salary increase = _____.

Accepted Answer

A)  the average salary increase of all employees divided by the number of full-time equivalents 
B)  the number of full-time equivalents divided by the total salary increase of all employees 
C)  the total salary increase of all employees divided by the number of full-time equivalents 
D)  the number of full-time equivalents divided by the average salary increase of all employees 
A)  the average salary increase of all employees divided by the number of full-time equivalents 
B)  the number of full-time equivalents divided by the total salary increase of all employees 
C)  the total salary increase of all employees divided by the number of full-time equivalents 
D)  the number of full-time equivalents divided by the average salary increase of all employees

Question 11

Describe two motivation theories and their relationship with compensation.

Accepted Answer

Expectancy theory and equity theory are

Question 12

The _____ essentially treats each paycheck as a new act of discrimination.

Accepted Answer

A)  Fair Pay Act 
B)  Employment Non-Discrimination Act 
C)  Civil Rights Act 
D)  Equal Pay Act 
A)  Fair Pay Act 
B)  Employment Non-Discrimination Act 
C)  Civil Rights Act 
D)  Equal Pay Act

Question 13

Describe the various components of compensation.

Accepted Answer

Tangible rewards can be measured and it

Question 14

_____ are payments calculated on the basis of the time worked.

Accepted Answer

A)  Benefits 
B)  Commissions 
C)  Salaries 
D)  Wages 
A)  Benefits 
B)  Commissions 
C)  Salaries 
D)  Wages

Question 15

Procedural justice is the perceived fairness in how rewards are distributed.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following statements is true of the home-country-based approach?

Accepted Answer

A)  Compensation is adjusted to maintain the expatriate's standard of living in the country where the expatriate is sent from the headquarters. 
B)  Compensation is adjusted to maintain the expatriate's standard of living in the country where the MNE is headquartered. 
C)  Compensation is adjusted to maintain the expatriate's standard of living in the country that has the lowest cost of living index. 
D)  Compensation is adjusted to maintain the expatriate's standard of living in the third country. 
A)  Compensation is adjusted to maintain the expatriate's standard of living in the country where the expatriate is sent from the headquarters. 
B)  Compensation is adjusted to maintain the expatriate's standard of living in the country where the MNE is headquartered. 
C)  Compensation is adjusted to maintain the expatriate's standard of living in the country that has the lowest cost of living index. 
D)  Compensation is adjusted to maintain the expatriate's standard of living in the third country.

Question 17

Which of the following statements is true of the equity theory?

Accepted Answer

A)  This theory of motivation was first introduced by Victor Vroom at Yale in 1964. 
B)  This theory of motivation was first introduced by John Stacey Adams in 1963. 
C)  This theory states that an employee's motivation is based on several linked concepts. 
D)  This theory emphasizes the importance of finding valued rewards for the employee. 
A)  This theory of motivation was first introduced by Victor Vroom at Yale in 1964. 
B)  This theory of motivation was first introduced by John Stacey Adams in 1963. 
C)  This theory states that an employee's motivation is based on several linked concepts. 
D)  This theory emphasizes the importance of finding valued rewards for the employee.

Question 18

Differentiate between exempt employees and nonexempt employees.

Accepted Answer

Under the Fair Labor Standards Act, empl

Question 19

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Accepted Answer

A) True 
 B)False

Question 20

Compa-ratio = _____.

Accepted Answer

A)  total pay divided by the total number of employees 
B)  pay level divided by the midpoint of the pay range 
C)  total pay divided by the midpoint of the pay range 
D)  pay level divided by the total number of employees 
A)  total pay divided by the total number of employees 
B)  pay level divided by the midpoint of the pay range 
C)  total pay divided by the midpoint of the pay range 
D)  pay level divided by the total number of employees

The most common indirect compensation is employee benefits.

Describe Internet-based pay information and pay surveys.

Organizational policies that discourage employees from sharing pay information with each other may violate the _____.

If a state's minimum wage is higher than the federal minimum wage, _____.

Describe the pay-for-performance philosophy of employee compensation.

Describe the Fair Labor Standards Act and the major areas it focuses on.

Which of the following statements is true of the expectancy theory?

Benchmark jobs are _____.

A red-circled employee is an employee who is paid above the range for the job.

Average annual salary increase = _____.

Describe two motivation theories and their relationship with compensation.

The _____ essentially treats each paycheck as a new act of discrimination.

Describe the various components of compensation.

_____ are payments calculated on the basis of the time worked.

Procedural justice is the perceived fairness in how rewards are distributed.

Which of the following statements is true of the home-country-based approach?

Which of the following statements is true of the equity theory?

Differentiate between exempt employees and nonexempt employees.

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Compa-ratio = _____.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Variable Pay and Executive Compensation

Managing Employee Benefits

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

Filters

Exam 11: Total Rewards and Compensation

The most common indirect compensation is employee benefits.

Describe Internet-based pay information and pay surveys.

Organizational policies that discourage employees from sharing pay information with each other may violate the _____.

If a state's minimum wage is higher than the federal minimum wage, _____.

Describe the pay-for-performance philosophy of employee compensation.

Describe the Fair Labor Standards Act and the major areas it focuses on.

Which of the following statements is true of the expectancy theory?

Benchmark jobs are _____.

A red-circled employee is an employee who is paid above the range for the job.

Average annual salary increase = _____.

Describe two motivation theories and their relationship with compensation.

The _____ essentially treats each paycheck as a new act of discrimination.

Describe the various components of compensation.

_____ are payments calculated on the basis of the time worked.

Procedural justice is the perceived fairness in how rewards are distributed.

Which of the following statements is true of the home-country-based approach?

Which of the following statements is true of the equity theory?

Differentiate between exempt employees and nonexempt employees.

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Compa-ratio = _____.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Variable Pay and Executive Compensation

Managing Employee Benefits

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

Filters