Exam 11: Establishing Strategic Pay Plans

Which of the following is NOT one of the forms of equity related to compensation issues?

Phil,the owner of Eastline Electronics,recently learned that the current rate being paid for the position of engineering assistant at his firm falls significantly below the wage line.Which of the following steps should Phil most likely take to correct this problem?

Which job evaluation method is used by most modern employers?

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

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?

Which law makes it illegal to discriminate against any individual with respect to compensation because of race,color,religion,sex,or national origin?

Which of the following jobs is most likely categorized as nonexempt from the overtime pay provisions of the Fair Labor Standards Act?

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

What are the five main elements of a competency-based pay plan?

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?

What are the advantages for employers of claiming that someone doing work for them is an independent contractor rather than an employee?

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

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

Trevor,a sales manager at IBM,recently learned that an IBM human resources manager with comparable responsibilities and spans of control earns a higher salary than Trevor.Which form of equity is of most concern to Trevor?

Which of the following sets basic labor standards for employees working on any government contract that amounts to more than $10,000?

According to the Davis-Bacon Act,when employees work more than 40 hours per week,employers must pay overtime at a rate of at least one-and-a-half times the normal pay for any hours worked over 40 in a workweek.

What has historically been the key issue in collective bargaining?

What are your compensation options if you are an employer who needs to transfer an employee from a low cost-of-living area to a high cost-of-living area?

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?

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