Exam 11: Establishing Strategic Pay Plans

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

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

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Portability rights refer to an employee's ability to transfer his or her vested rights from one organization to another.

(True/False)
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According to the Family and Medical Leave Act,eligible employees can take up to ________ weeks of unpaid,job-protected leave for the birth of a child or for the care of a child,spouse,or parent.

(Multiple Choice)
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Advocates of competency-based pay assert that the system encourages employees to develop the knowledge,skills,and behaviors a firm needs to achieve its strategic goals.

(True/False)
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Which of the following shows the relationship between the value of the job and the average pay for this job?

(Multiple Choice)
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Which of the following best describes the point method of job evaluation?

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A key issue in comparable worth is whether women should be paid equal wages for jobs that are truly equal to men's or just comparable to men's jobs.

(True/False)
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What theory of motivation states that people are strongly motivated to maintain a balance between what they perceive as their contributions and their rewards?

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

(True/False)
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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?

(Multiple Choice)
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Which of the following terms refers to a systematic comparison done in order to determine the worth of one job relative to another?

(Multiple Choice)
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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.

(Essay)
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The ________ gave employees the right to organize,bargain collectively,and engage in concerted activities for the purpose of collective bargaining.

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

(Multiple Choice)
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According to the Fair Labor Standards Act,if a worker covered by the act works more than 40 hours,he or she will receive overtime pay at a rate of ________ of normal pay for any hours worked over 40 in a workweek.

(Multiple Choice)
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Which of the following terms refers to the ownership employees build up in their pension plans should their employment with a firm end prior to retirement?

(Multiple Choice)
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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.

(True/False)
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If a job evaluation committee uses the ranking method,then the pay grade consists of all jobs that fall within two or three ranks.

(True/False)
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Which of the following is NOT one of the forms of equity related to compensation issues?

(Multiple Choice)
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