Exam 11: Establishing Strategic Pay Plans

According to the FLSA, agricultural employees, live-in maids, and taxi drivers are always eligible for overtime pay.

Which of the following is NOT one of the compensable factors emphasized in the Equal Pay Act?

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

Which of the following gives employees the right to organize, bargain collectively, and engage in concerted activities for the purpose of collective bargaining?

Which form of equity refers to how a job's pay rate in one company compares to the job's pay rate in other companies?

What are the two primary components of computerized job evaluations?

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 of the following questions is most relevant to developing a market-competitive pay system?

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

Jill works as a cashier at a grocery store. She earns $10 an hour (or $400 for a 40-hour week). Last week, she worked 46 hours. What is the minimum amount that Jill earned last week?

Explain the equity theory of motivation. What are the four forms of equity?

Wage rate has been the main issue negotiated by unions in collective bargaining.

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

Which compensation-related law contains provisions for minimum wage, maximum hours, overtime pay, equal pay, record-keeping, and child labor?

What are the two primary ways to make direct financial payments to employees? How does compensation for managers or professionals differ from compensation for clerical or production workers at a firm?

Performance-based pay is more popular than time-based pay among most employers in the U.S.

Which form of equity refers to the fairness of an individual's pay as compared with what his or her co-workers are earning for the same or very similar jobs within the company, based on each individual's performance?

According to the court system, the test that distinguishes an independent contractor from an employee is whether or not the firm provides the worker with health insurance benefits.

Which of the following was enacted in 1931 for the purpose of setting wage rates for laborers and mechanics employed by contractors working for the federal government?

In a brief essay, discuss the purpose of job evaluations. Discuss the similarities and differences between job evaluations conducted for managerial positions and lower level positions at a firm.