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

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?

P&G uses ________ strategy based on brand image and price premium in between its Iams and Eukanuba brands.

Protection programs are what type of compensation benefits?

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?

Companies that are implementing ________ plans generally increase the amount of classroom and on-the-job training,as these types of plans make training necessary rather than optional.

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

What is pay-for-knowledge plan? Explain the role of training in pay-for-knowledge plans.

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

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

This term suggests that a loss is likely for the firm,and that the individual will be left with little control.

Samuel is a recently hired HR professional working at XYZ Motor Co.His current project involves recording the time it takes assembly workers to complete their tasks.With the help of industrial engineers in the manufacturing plant,the aim of this project is to identify the most effective ways of assembly operations.Which of the following is NOT related to Samuel's project?

What is the typical annual Cost-of-living adjustments (COLAs)in recent years?

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

What is the primary factor that will prevent companies from growing in the next decade?

This is a way in which companies often trim their payroll responsibilities by encouraging higher paid workers with more seniority to voluntarily leave the company earlier than previously planned.

What type of pay system rewards employees for partially or completely attaining a predetermined work objective?

Which of the following is NOT one of the three broad categories that discretionary benefits fall into?

What is a constituency? How does it affect the HR department?

________ compensation refers to the mental state of employees as a result of their performance on the job.

This group is directly involved in producing goods and delivering services for a company.