Question 1

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 2

In most cases, the majority of the members on a job evaluation committee are ________.

Accepted Answer

A) managers 
B) employees 
C) HR specialists 
D) union representatives 
A) managers 
B) employees 
C) HR specialists 
D) union representatives

Question 3

The point method of job evaluation is the most frequently used job evaluation method, but it is also associated with lawsuits involving comparable worth. In a brief essay, explain the point method of job evaluation and why it is problematic for firms in regards to comparable worth.

Accepted Answer

The point method is a quantitative techn

Question 4

Which of the following issues is NOT addressed by the Fair Labor Standards Act?

Accepted Answer

A) record-keeping 
B) overtime pay 
C) child labor 
D) termination 
A) record-keeping 
B) overtime pay 
C) child labor 
D) termination

Question 5

Which of the following states that employees of one sex may not be paid wages at a rate lower than that paid to employees of the opposite sex for doing roughly equivalent work?

Accepted Answer

A) Americans with Disabilities Act 
B) Title VII of the Civil Rights Act 
C) Social Security Act 
D) Equal Pay Act 
A) Americans with Disabilities Act 
B) Title VII of the Civil Rights Act 
C) Social Security Act 
D) Equal Pay Act

Question 6

Which of the following terms refers to pay in the form of financial benefits, such as insurance?

Accepted Answer

A) direct financial payments 
B) out-of-pocket expenses 
C) indirect financial payments 
D) sales commissions 
A) direct financial payments 
B) out-of-pocket expenses 
C) indirect financial payments 
D) sales commissions

Question 7

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 8

According to many experts, which of the following would most likely reduce the wage gap between men and women?

Accepted Answer

A) education 
B) union intervention 
C) federal legislation 
D) competency-based pay 
A) education 
B) union intervention 
C) federal legislation 
D) competency-based pay

Question 9

________ means collapsing salary grades and ranges into just a few wide levels, each of which contains a relatively wide range of jobs and salary levels.

Accepted Answer

A) Comparable worth 
B) Job evaluation 
C) Broadbanding 
D) Job grading 
A) Comparable worth 
B) Job evaluation 
C) Broadbanding 
D) Job grading

Question 10

Homelife, a national chain of high-end furniture stores, employs nearly 800 workers. In the past few years, the company's market share has dropped significantly, and employee turnover has increased. Upper management is considering the implementation of a new compensation policy in its efforts to turn the company around. Historically, the company has paid all employees similarly with some variation for seniority but no distinction between high and low performers. Which of the following, if true, best supports the argument that Homelife should distribute salary surveys before establishing new pay rates?

Accepted Answer

A) Homelife executives want to identify benchmark jobs before determining the worth of other jobs. 
B) Homelife executives plan to use the compensable factors emphasized by the Equal Pay Act. 
C) Computerized job evaluation systems will be used by Homelife to generate questionnaires. 
D) A wage curve needs to be established by Homelife for the purpose of federal compliance. 
A) Homelife executives want to identify benchmark jobs before determining the worth of other jobs. 
B) Homelife executives plan to use the compensable factors emphasized by the Equal Pay Act. 
C) Computerized job evaluation systems will be used by Homelife to generate questionnaires. 
D) A wage curve needs to be established by Homelife for the purpose of federal compliance.

Question 11

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 12

Direct financial payments may be based on increments of time and on performance.

Accepted Answer

A) True 
 B)False

Question 13

What are the primary factors involved in determining compensation for a firm's CEO? What reasons best explain compensation reductions for top executives in recent years?

Accepted Answer

For a CEO position, job evaluation typic

Question 14

While laws exist to protect against discrimination in compensation based on gender and age, no law protects against such discrimination against persons with disabilities.

Accepted Answer

A) True 
 B)False

Question 15

External equity refers to how fair the job's pay rate is when compared to other jobs within the same company.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following terms refers to a series of steps or levels within a pay grade?

Accepted Answer

A) pay metric 
B) pay range 
C) wage class 
D) wage curve 
A) pay metric 
B) pay range 
C) wage class 
D) wage curve

Question 17

Bonnie, a data analyst, needs to take time off from work to care for her elderly mother. According to the Family and Medical Leave Act, what is the maximum number of weeks of unpaid, job-protected leave that Bonnie may take?

Accepted Answer

A) 4 
B) 6 
C) 12 
D) 16 
A) 4 
B) 6 
C) 12 
D) 16

Question 18

External equity refers to ________.

Accepted Answer

A) how a job's pay rate in one company compares to the job's pay rate in other companies 
B) the fairness of an individual's pay as compared to a co-worker's pay for the same job 
C) the perceived fairness of the processes and procedures used to make decisions about compensation 
D) the use of salary surveys and job evaluation comparisons to monitor pay levels within an industry 
A) how a job's pay rate in one company compares to the job's pay rate in other companies 
B) the fairness of an individual's pay as compared to a co-worker's pay for the same job 
C) the perceived fairness of the processes and procedures used to make decisions about compensation 
D) the use of salary surveys and job evaluation comparisons to monitor pay levels within an industry

Question 19

Which job evaluation method is used by most modern employers?

Accepted Answer

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

Question 20

Beth, a small business owner, wants to ensure external equity when establishing pay rates. Beth should most likely ________.

Accepted Answer

A) use wage curves to price each pay grade 
B) compare performance appraisals 
C) conduct a salary survey 
D) check online pay sites 
A) use wage curves to price each pay grade 
B) compare performance appraisals 
C) conduct a salary survey 
D) check online pay sites

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

In most cases, the majority of the members on a job evaluation committee are ________.

The point method of job evaluation is the most frequently used job evaluation method, but it is also associated with lawsuits involving comparable worth. In a brief essay, explain the point method of job evaluation and why it is problematic for firms in regards to comparable worth.

Which of the following issues is NOT addressed by the Fair Labor Standards Act?

Which of the following states that employees of one sex may not be paid wages at a rate lower than that paid to employees of the opposite sex for doing roughly equivalent work?

Which of the following terms refers to pay in the form of financial benefits, such as insurance?

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

According to many experts, which of the following would most likely reduce the wage gap between men and women?

________ means collapsing salary grades and ranges into just a few wide levels, each of which contains a relatively wide range of jobs and salary levels.

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?

Direct financial payments may be based on increments of time and on performance.

What are the primary factors involved in determining compensation for a firm's CEO? What reasons best explain compensation reductions for top executives in recent years?

While laws exist to protect against discrimination in compensation based on gender and age, no law protects against such discrimination against persons with disabilities.

External equity refers to how fair the job's pay rate is when compared to other jobs within the same company.

Which of the following terms refers to a series of steps or levels within a pay grade?

Bonnie, a data analyst, needs to take time off from work to care for her elderly mother. According to the Family and Medical Leave Act, what is the maximum number of weeks of unpaid, job-protected leave that Bonnie may take?

External equity refers to ________.

Which job evaluation method is used by most modern employers?

Beth, a small business owner, wants to ensure external equity when establishing pay rates. Beth should most likely ________.

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

Building Positive Employee Relations

Labor Relations and Collective Bargaining

Safety, Health, and Risk Management

Managing Global Human Resources

Managing Human Resources in Small and Entrepreneurial Firms

Filters

Exam 11: Establishing Strategic Pay Plans

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

In most cases, the majority of the members on a job evaluation committee are ________.

The point method of job evaluation is the most frequently used job evaluation method, but it is also associated with lawsuits involving comparable worth. In a brief essay, explain the point method of job evaluation and why it is problematic for firms in regards to comparable worth.

Which of the following issues is NOT addressed by the Fair Labor Standards Act?

Which of the following states that employees of one sex may not be paid wages at a rate lower than that paid to employees of the opposite sex for doing roughly equivalent work?

Which of the following terms refers to pay in the form of financial benefits, such as insurance?

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

According to many experts, which of the following would most likely reduce the wage gap between men and women?

________ means collapsing salary grades and ranges into just a few wide levels, each of which contains a relatively wide range of jobs and salary levels.

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?

Direct financial payments may be based on increments of time and on performance.

What are the primary factors involved in determining compensation for a firm's CEO? What reasons best explain compensation reductions for top executives in recent years?

While laws exist to protect against discrimination in compensation based on gender and age, no law protects against such discrimination against persons with disabilities.

External equity refers to how fair the job's pay rate is when compared to other jobs within the same company.

Which of the following terms refers to a series of steps or levels within a pay grade?

Bonnie, a data analyst, needs to take time off from work to care for her elderly mother. According to the Family and Medical Leave Act, what is the maximum number of weeks of unpaid, job-protected leave that Bonnie may take?

External equity refers to ________.

Which job evaluation method is used by most modern employers?

Beth, a small business owner, wants to ensure external equity when establishing pay rates. Beth should most likely ________.

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

Building Positive Employee Relations

Labor Relations and Collective Bargaining

Safety, Health, and Risk Management

Managing Global Human Resources

Managing Human Resources in Small and Entrepreneurial Firms

Filters