Question 1

An advantage of competence-based pay from the employee's perspective is that there is no limit to what they can earn by learning new skills.

Accepted Answer

A) True 
 B)False

Question 2

A survey by Mercer,found that more than ____ of private-sector companies nationwide were awarding pay increases in 2011

Accepted Answer

A)  98 percent 
B)  76 percent 
C)  54 percent 
D)  32 percent 
A)  98 percent 
B)  76 percent 
C)  54 percent 
D)  32 percent

Question 3

Which is the simplest and oldest method of job evaluation?

Accepted Answer

A)  job worth system. 
B)  job ranking system. 
C)  job grade system. 
D)  point system. 
A)  job worth system. 
B)  job ranking system. 
C)  job grade system. 
D)  point system.

Question 4

The worth of a job is determined formally through the wage and salary survey.

Accepted Answer

A) True 
 B)False

Question 5

The simplest and oldest system of job evaluation is the _____,which arrays jobs on the basis of their relative worth.

Accepted Answer

A)  job valuation system 
B)  point system 
C)  job classification system 
D)  job ranking system 
A)  job valuation system 
B)  point system 
C)  job classification system 
D)  job ranking system

Question 6

A formal statement of compensation policy would typically include the rate of pay within the organization and whether it is to be above,below,or at the prevailing community rate.

Accepted Answer

A) True 
 B)False

Question 7

The biggest challenge with competence-based pay is:

Accepted Answer

A)  encouraging employees to take advantage of it 
B)  reduction in organizational flexibility 
C)  loss of productivity 
D)  developing appropriate measures of skills and competencies 
A)  encouraging employees to take advantage of it 
B)  reduction in organizational flexibility 
C)  loss of productivity 
D)  developing appropriate measures of skills and competencies

Question 8

Nonexempt employees are covered by the Fair Labor Standards Act and must be paid at the rate of 1-1/2 times their regular pay rate for hours worked over 40 in the workweek.

Accepted Answer

A) True 
 B)False

Question 9

A point manual can be used to determine the external equity of a job.

Accepted Answer

A) True 
 B)False

Question 10

In conducting a wage and salary survey for office personnel,the relevant labor market to be surveyed is most likely:

Accepted Answer

A)  regional. 
B)  local. 
C)  national. 
D)  international 
A)  regional. 
B)  local. 
C)  national. 
D)  international

Question 11

For employees,pay equity is achieved when the compensation received is equal to
the value of the work performed.

Accepted Answer

A) True 
 B)False

Question 12

The measure of the average change in prices over time in a fixed "market basket" of goods and services is known as:

Accepted Answer

A)  a cost of living allowance. 
B)  a cost of living adjustment. 
C)  the consumer price index. 
D)  the inflation index. 
A)  a cost of living allowance. 
B)  a cost of living adjustment. 
C)  the consumer price index. 
D)  the inflation index.

Question 13

When cost of living pay increases are given routinely,employees may view them as ___________.

Accepted Answer

A)  insults 
B)  entitlements 
C)  highly motivating 
D)  long overdue 
A)  insults 
B)  entitlements 
C)  highly motivating 
D)  long overdue

Question 14

Jobs that are grouped into the same pay grade should:

Accepted Answer

A)  all receive the same wage rate in order to achieve equality. 
B)  be paid within a range that does not overlap with bordering job grades so that distinctions between grades are maintained. 
C)  be paid within a range that may overlap with adjoining grades,so that an employee with experience can be paid as much as or more than a newer employee in a higher grade. 
D)  be paid at different wage rates because the worth of these jobs to the organization may differ. 
A)  all receive the same wage rate in order to achieve equality. 
B)  be paid within a range that does not overlap with bordering job grades so that distinctions between grades are maintained. 
C)  be paid within a range that may overlap with adjoining grades,so that an employee with experience can be paid as much as or more than a newer employee in a higher grade. 
D)  be paid at different wage rates because the worth of these jobs to the organization may differ.

Question 15

Job evaluation is a non-systematic,qualitative process of determining the relative worth of jobs in order to establish a comparison with the prevailing market and regional value of a job within a job family.

Accepted Answer

A) True 
 B)False

Question 16

In certain manufacturing environments,compensation is as high as _____ of total costs and even higher for many service organizations.

Accepted Answer

A)  25 percent 
B)  40 percent 
C)  60 percent 
D)  75 percent 
A)  25 percent 
B)  40 percent 
C)  60 percent 
D)  75 percent

Question 17

The exempt or nonexempt status of employees is determined by:

Accepted Answer

A)  the National Labor Relations Board. 
B)  the Secretary of Labor. 
C)  the Office of Programs and Budgets. 
D)  the U.S.Department of Labor. 
A)  the National Labor Relations Board. 
B)  the Secretary of Labor. 
C)  the Office of Programs and Budgets. 
D)  the U.S.Department of Labor.

Question 18

In ____,employees are paid according to the number of units they produce.

Accepted Answer

A)  hourly work 
B)  piecework 
C)  commission 
D)  production work 
A)  hourly work 
B)  piecework 
C)  commission 
D)  production work

Question 19

The number of grades within a wage structure follows a pattern determined by the Hay Group.

Accepted Answer

A) True 
 B)False

Question 20

Red circle rates above the maximum for the range can result because:

Accepted Answer

A)  promotional opportunities are plentiful 
B)  employees have high seniority 
C)  employees are demoted 
D)  grades are added to the range 
A)  promotional opportunities are plentiful 
B)  employees have high seniority 
C)  employees are demoted 
D)  grades are added to the range

An advantage of competence-based pay from the employee's perspective is that there is no limit to what they can earn by learning new skills.

A survey by Mercer,found that more than ____ of private-sector companies nationwide were awarding pay increases in 2011

Which is the simplest and oldest method of job evaluation?

The worth of a job is determined formally through the wage and salary survey.

The simplest and oldest system of job evaluation is the _____,which arrays jobs on the basis of their relative worth.

A formal statement of compensation policy would typically include the rate of pay within the organization and whether it is to be above,below,or at the prevailing community rate.

The biggest challenge with competence-based pay is:

Nonexempt employees are covered by the Fair Labor Standards Act and must be paid at the rate of 1-1/2 times their regular pay rate for hours worked over 40 in the workweek.

A point manual can be used to determine the external equity of a job.

In conducting a wage and salary survey for office personnel,the relevant labor market to be surveyed is most likely:

For employees,pay equity is achieved when the compensation received is equal to the value of the work performed.

The measure of the average change in prices over time in a fixed "market basket" of goods and services is known as:

When cost of living pay increases are given routinely,employees may view them as ___________.

Jobs that are grouped into the same pay grade should:

Job evaluation is a non-systematic,qualitative process of determining the relative worth of jobs in order to establish a comparison with the prevailing market and regional value of a job within a job family.

In certain manufacturing environments,compensation is as high as _____ of total costs and even higher for many service organizations.

The exempt or nonexempt status of employees is determined by:

In ____,employees are paid according to the number of units they produce.

The number of grades within a wage structure follows a pattern determined by the Hay Group.

Red circle rates above the maximum for the range can result because:

The Challenge of Human Resources Management

Strategy and Human Resources Planning

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management and the Employee Appraisal Process

Pay-For-Performance: Incentive Rewards

Employee Benefits

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High Performance Work Systems

Filters

Exam 9: Managing Compensation

An advantage of competence-based pay from the employee's perspective is that there is no limit to what they can earn by learning new skills.

A survey by Mercer,found that more than ____ of private-sector companies nationwide were awarding pay increases in 2011

Which is the simplest and oldest method of job evaluation?

The worth of a job is determined formally through the wage and salary survey.

The simplest and oldest system of job evaluation is the _____,which arrays jobs on the basis of their relative worth.

A formal statement of compensation policy would typically include the rate of pay within the organization and whether it is to be above,below,or at the prevailing community rate.

The biggest challenge with competence-based pay is:

Nonexempt employees are covered by the Fair Labor Standards Act and must be paid at the rate of 1-1/2 times their regular pay rate for hours worked over 40 in the workweek.

A point manual can be used to determine the external equity of a job.

In conducting a wage and salary survey for office personnel,the relevant labor market to be surveyed is most likely:

For employees,pay equity is achieved when the compensation received is equal to the value of the work performed.

The measure of the average change in prices over time in a fixed "market basket" of goods and services is known as:

When cost of living pay increases are given routinely,employees may view them as ___________.

Jobs that are grouped into the same pay grade should:

Job evaluation is a non-systematic,qualitative process of determining the relative worth of jobs in order to establish a comparison with the prevailing market and regional value of a job within a job family.

In certain manufacturing environments,compensation is as high as _____ of total costs and even higher for many service organizations.

The exempt or nonexempt status of employees is determined by:

In ____,employees are paid according to the number of units they produce.

The number of grades within a wage structure follows a pattern determined by the Hay Group.

Red circle rates above the maximum for the range can result because:

The Challenge of Human Resources Management

Strategy and Human Resources Planning

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management and the Employee Appraisal Process

Pay-For-Performance: Incentive Rewards

Employee Benefits

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Creating High Performance Work Systems

Filters