Question 1

What is a systematic process for gathering,documenting,and analyzing information in order to describe jobs?

Accepted Answer

A) job evaluation 
B) internal consistency 
C) job analysis 
D) strategic analysis 
A) job evaluation 
B) internal consistency 
C) job analysis 
D) strategic analysis

Question 2

Which of these actions would HR seek to encourage in attempting to create a lowest-cost competitive strategy?

Accepted Answer

A) an employee's long-term focus 
B) unpredictable employee behavior 
C) high concern for the quantity of output 
D) high concern for the quality of output 
A) an employee's long-term focus 
B) unpredictable employee behavior 
C) high concern for the quantity of output 
D) high concern for the quality of output

Question 3

How did scientific management methods influence compensation practices?

Accepted Answer

Scientific management methods gave rise

Question 4

These build upon pay grades and include maximum,minimum,and mid-point pay rates for jobs in particular pay grades.

Accepted Answer

A) pay ranges 
B) pay slopes 
C) piece rates 
D) pay determinates 
A) pay ranges 
B) pay slopes 
C) piece rates 
D) pay determinates

Question 5

Human resource professionals are ________ employees because they exist to provide support services for line employees.

Accepted Answer

The answer of Human resource professionals are ________ employees because...

Question 6

This law made it illegal to pay women less for performing equal work as men.

Accepted Answer

A) Equal Pay Act of 1963 
B) Civil Rights Act of 1964 
C) Davis - Bacon Act of 1931 
D) Fair Labor Standards Act of 1938 
A) Equal Pay Act of 1963 
B) Civil Rights Act of 1964 
C) Davis - Bacon Act of 1931 
D) Fair Labor Standards Act of 1938

Question 7

What U.S.federal law established a national minimum wage for employees involved in commerce (rather than just those employed by companies working for the U.S.government),as well as prohibit most employment of minors in oppressive child labor?

Accepted Answer

A) The Equal Pay Act of 1963 
B) The Civil Rights Act of 1964 
C) The Fair Labor Standards Act of 1938 
D) The Family and Medical Leave Act of 1993 
A) The Equal Pay Act of 1963 
B) The Civil Rights Act of 1964 
C) The Fair Labor Standards Act of 1938 
D) The Family and Medical Leave Act of 1993

Question 8

Due to recent economic downturn,XYZ Co.decided to shut down one of its appliance manufacturing plants in the United States,and therefore around 300 workers need to be laid off.XYZ Co.will award these laid off workers with 6 months of ________ pay.

Accepted Answer

The answer of Due to recent economic downturn,XYZ Co.decided to...

Question 9

Strategic management involves distinguishing between ________ and ________ in attempting to achieve company goals,thus making strategic management an imprecise process.

Accepted Answer

threats,op

Question 10

A company using this competitive strategy seeks to offer a product or service that is completely unique from other competitors in their market segment.

Accepted Answer

A) differentiation strategy 
B) defender strategy 
C) prospector strategy 
D) lowest-cost strategy 
A) differentiation strategy 
B) defender strategy 
C) prospector strategy 
D) lowest-cost strategy

Question 11

Competitive ________ is the use of company resources (such as capital,technology,and human resources)to promote and sustain competitive advantage.

Accepted Answer

The answer of Competitive ________ is the use of company...

Question 12

What is the typical annual Cost-of-living adjustment (COLA)in recent years?

Accepted Answer

A) 0 to 1 percent 
B) 2 to 3 percent 
C) 3 to 5 percent 
D) 8 to 10 percent 
A) 0 to 1 percent 
B) 2 to 3 percent 
C) 3 to 5 percent 
D) 8 to 10 percent

Question 13

What are the three goals of compensation professionals?

Accepted Answer

Compensation professionals promote effec

Question 14

What strategy describes the use of benefit and compensation packages in order to support both HR and competitive strategies?

Accepted Answer

A) worker welfare strategies 
B) total compensation strategies 
C) total quality management strategies 
D) worker satisfaction strategies 
A) worker welfare strategies 
B) total compensation strategies 
C) total quality management strategies 
D) worker satisfaction strategies

Question 15

Jason works at a call center for an insurance company,and he has been answering calls regarding auto insurance.Recently,he started to attend a training program about home insurance.Upon successful completion of this training program,Jason will be able to handle home insurance questions and queries as well.If this insurance company has a compensation policy that rewards Jason's completion of this training,then what type of pay system does it employ?

Accepted Answer

A) incentive pay 
B) merit pay 
C) seniority pay 
D) pay-for-knowledge 
A) incentive pay 
B) merit pay 
C) seniority pay 
D) pay-for-knowledge

Question 16

Which of the following would be an example of a non-monetary reward?

Accepted Answer

A) medical insurance 
B) vacations 
C) day care assistance 
D) all of the above 
A) medical insurance 
B) vacations 
C) day care assistance 
D) all of the above

Question 17

These compensation systems go a long way in attracting and retaining the most qualified employees and are based upon market and compensation surveys.

Accepted Answer

A) internally consistent compensation systems 
B) market-competitive pay systems 
C) job evaluation compensation systems 
D) externally consistent compensation systems 
A) internally consistent compensation systems 
B) market-competitive pay systems 
C) job evaluation compensation systems 
D) externally consistent compensation systems

Question 18

This agreement describes the terms of employment that are set between management and union bargaining representatives.

Accepted Answer

A) employee relationship agreement 
B) collective bargaining agreement 
C) joint employment agreement 
D) workplace requisite agreement 
A) employee relationship agreement 
B) collective bargaining agreement 
C) joint employment agreement 
D) workplace requisite agreement

Question 19

Sandra's position changed from supervisor at the planning department to supervisor at the new projects department.In terms of career development,which of the following is more applicable to Sandra's situation?

Accepted Answer

A) maintaining focus with less responsibilities 
B) a lateral move across the company's hierarchy 
C) moving upward through a company's hierarchy 
D) maintaining the focus and assume greater responsibilities 
A) maintaining focus with less responsibilities 
B) a lateral move across the company's hierarchy 
C) moving upward through a company's hierarchy 
D) maintaining the focus and assume greater responsibilities

Question 20

Protection programs are what type of compensation benefits?

Accepted Answer

A) external 
B) non-monetary 
C) internal 
D) monetary 
A) external 
B) non-monetary 
C) internal 
D) monetary

What is a systematic process for gathering,documenting,and analyzing information in order to describe jobs?

Which of these actions would HR seek to encourage in attempting to create a lowest-cost competitive strategy?

How did scientific management methods influence compensation practices?

These build upon pay grades and include maximum,minimum,and mid-point pay rates for jobs in particular pay grades.

Human resource professionals are ________ employees because they exist to provide support services for line employees.

This law made it illegal to pay women less for performing equal work as men.

What U.S.federal law established a national minimum wage for employees involved in commerce (rather than just those employed by companies working for the U.S.government),as well as prohibit most employment of minors in oppressive child labor?

Due to recent economic downturn,XYZ Co.decided to shut down one of its appliance manufacturing plants in the United States,and therefore around 300 workers need to be laid off.XYZ Co.will award these laid off workers with 6 months of ________ pay.

Strategic management involves distinguishing between and in attempting to achieve company goals,thus making strategic management an imprecise process.

A company using this competitive strategy seeks to offer a product or service that is completely unique from other competitors in their market segment.

Competitive ________ is the use of company resources (such as capital,technology,and human resources)to promote and sustain competitive advantage.

What is the typical annual Cost-of-living adjustment (COLA)in recent years?

What are the three goals of compensation professionals?

What strategy describes the use of benefit and compensation packages in order to support both HR and competitive strategies?

Which of the following would be an example of a non-monetary reward?

These compensation systems go a long way in attracting and retaining the most qualified employees and are based upon market and compensation surveys.

This agreement describes the terms of employment that are set between management and union bargaining representatives.

Sandra's position changed from supervisor at the planning department to supervisor at the new projects department.In terms of career development,which of the following is more applicable to Sandra's situation?

Protection programs are what type of compensation benefits?

Contextual Influences on Compensation Practice

Traditional Bases for Pay: Seniority and Merit

Incentive Pay

Person-Focused Pay

Building Internally Consistent Compensation Systems

Building Market-Competitive Compensation Systems

Building Pay Structures That Recognize Individual Contributions

Discretionary Benefits

Employer-Sponsored Retirement Plans and Health Insurance Programs

Legally Required Benefits

Compensating Executives

Compensating the Flexible Work Force: Contingent Employees and Flexible Work Schedules

Compensation Expatriates

Pay and Benefits Outside the United States

Challenges Facing Compensation Professionals

Filters

Exam 1: Strategic Compensation: a Component of Human Resource Systems

What is a systematic process for gathering,documenting,and analyzing information in order to describe jobs?

Which of these actions would HR seek to encourage in attempting to create a lowest-cost competitive strategy?

How did scientific management methods influence compensation practices?

These build upon pay grades and include maximum,minimum,and mid-point pay rates for jobs in particular pay grades.

Human resource professionals are ________ employees because they exist to provide support services for line employees.

This law made it illegal to pay women less for performing equal work as men.

What U.S.federal law established a national minimum wage for employees involved in commerce (rather than just those employed by companies working for the U.S.government),as well as prohibit most employment of minors in oppressive child labor?

Due to recent economic downturn,XYZ Co.decided to shut down one of its appliance manufacturing plants in the United States,and therefore around 300 workers need to be laid off.XYZ Co.will award these laid off workers with 6 months of ________ pay.

Strategic management involves distinguishing between ________ and ________ in attempting to achieve company goals,thus making strategic management an imprecise process.

A company using this competitive strategy seeks to offer a product or service that is completely unique from other competitors in their market segment.

Competitive ________ is the use of company resources (such as capital,technology,and human resources)to promote and sustain competitive advantage.

What is the typical annual Cost-of-living adjustment (COLA)in recent years?

What are the three goals of compensation professionals?

What strategy describes the use of benefit and compensation packages in order to support both HR and competitive strategies?

Which of the following would be an example of a non-monetary reward?

These compensation systems go a long way in attracting and retaining the most qualified employees and are based upon market and compensation surveys.

This agreement describes the terms of employment that are set between management and union bargaining representatives.

Sandra's position changed from supervisor at the planning department to supervisor at the new projects department.In terms of career development,which of the following is more applicable to Sandra's situation?

Protection programs are what type of compensation benefits?

Contextual Influences on Compensation Practice

Traditional Bases for Pay: Seniority and Merit

Incentive Pay

Person-Focused Pay

Building Internally Consistent Compensation Systems

Building Market-Competitive Compensation Systems

Building Pay Structures That Recognize Individual Contributions

Discretionary Benefits

Employer-Sponsored Retirement Plans and Health Insurance Programs

Legally Required Benefits

Compensating Executives

Compensating the Flexible Work Force: Contingent Employees and Flexible Work Schedules

Compensation Expatriates

Pay and Benefits Outside the United States

Challenges Facing Compensation Professionals

Filters

Strategic management involves distinguishing between and in attempting to achieve company goals,thus making strategic management an imprecise process.