Question 1

________ is a situation in which a worker is forced to work part-time due to economic situations although s/he is willing to work full-time.

Accepted Answer

Underemployment

Question 2

Which one of the following is NOT one of the direct or indirect reasons of rising wages in China?

Accepted Answer

A)  Chinese policy makers' support of increased wages 
B)  one-child policy 
C)  labor shortages 
D)  increasing cost of exports 
A)  Chinese policy makers' support of increased wages 
B)  one-child policy 
C)  labor shortages 
D)  increasing cost of exports D

Question 3

Which of the following is NOT a typical benefit preferred by older workers?

Accepted Answer

A)  insurance with prescription drug benefits 
B)  generous sick-leave allowances 
C)  flexible work schedules 
D)  disability insurance 
A)  insurance with prescription drug benefits 
B)  generous sick-leave allowances 
C)  flexible work schedules 
D)  disability insurance C

Question 4

During when did the U.S.economy experienced the longest recession after World War II?

Accepted Answer

A)  between February 2005 and July 2008 
B)  between December 2008 and January 2010 
C)  between April 2007 and December 2009 
D)  between December 2007 and June 2009 
A)  between February 2005 and July 2008 
B)  between December 2008 and January 2010 
C)  between April 2007 and December 2009 
D)  between December 2007 and June 2009

Question 5

________ is the face value of a dollar.

Accepted Answer

Nominal ho

Question 6

Tim owns a fruit distribution company and hires around 100 employees.Before PPACA became a law,he did not provide health insurance coverage for the workers.After March 2010,he started to provide the coverage.However,from then on,the costs of his company have been increasing exponentially.Which of the following cannot be one of the ways to limit the rising costs of offering health care coverage?

Accepted Answer

A)  lowering wages to offset the costs of health insurance 
B)  decreasing the size of his workforce 
C)  limiting the waiting periods to receive health care coverage to 90 days (for new workers) 
D)  imposing lifetime benefit caps at $1 million 
A)  lowering wages to offset the costs of health insurance 
B)  decreasing the size of his workforce 
C)  limiting the waiting periods to receive health care coverage to 90 days (for new workers) 
D)  imposing lifetime benefit caps at $1 million

Question 7

How did General Motors and Chrysler respond to lower consumer demand during Great Recession?

Accepted Answer

A)  by cutting production levels 
B)  by introducing new models 
C)  by advertising more aggressively 
D)  by merging with other companies 
A)  by cutting production levels 
B)  by introducing new models 
C)  by advertising more aggressively 
D)  by merging with other companies

Question 8

Which of the following is NOT true about the changes brought by PPACA?

Accepted Answer

A)  The new legislation will require most employers to provide health care insurance to employees. 
B)  The lifetime benefits cap will be eliminated. 
C)  Waiting periods before employees may receive health care coverage will be limited with a maximum of 70 days. 
D)  The fines will be higher for employers that offer unaffordable health insurance. 
A)  The new legislation will require most employers to provide health care insurance to employees. 
B)  The lifetime benefits cap will be eliminated. 
C)  Waiting periods before employees may receive health care coverage will be limited with a maximum of 70 days. 
D)  The fines will be higher for employers that offer unaffordable health insurance.

Question 9

What was the estimated number of underemployed workers in the United States during October-November 2007?

Accepted Answer

A)  slightly more than 7.2 million 
B)  around 6 million 
C)  slightly more than 4.2 million 
D)  slightly less than 3 million 
A)  slightly more than 7.2 million 
B)  around 6 million 
C)  slightly more than 4.2 million 
D)  slightly less than 3 million

Question 10

List the four challenges for compensation professionals.Among these,describe the challenges brought by wage issues in China.

Accepted Answer

The four challenges: 
1)impact of econom

Question 11

Which one of the following is NOT one of the long-term implications of underemployment?

Accepted Answer

A)  Underemployment may slow down the economic recovery from recession. 
B)  Underemployment will likely lead to higher spending by companies. 
C)  Underemployment will most likely lead to a reduced consumption of goods and services. 
D)  Underemployment will probably result in reduced business production. 
A)  Underemployment may slow down the economic recovery from recession. 
B)  Underemployment will likely lead to higher spending by companies. 
C)  Underemployment will most likely lead to a reduced consumption of goods and services. 
D)  Underemployment will probably result in reduced business production.

Question 12

________ refers to a general slowdown in economic activity.

Accepted Answer

The answer of ________ refers to a general slowdown in...

Question 13

Briefly discuss the uncertainties brought by health care reform and changing workforce demographics.

Accepted Answer

The basis for the health care reform was

Question 14

Jane holds a bachelor's degree in sociology.She works as a part-time taxi driver.This situation is an example of which of the following?

Accepted Answer

A)  malemployment 
B)  overstaffing 
C)  discrimination 
D)  unemployment 
A)  malemployment 
B)  overstaffing 
C)  discrimination 
D)  unemployment

Question 15

What is the mean hourly wages for all underemployed workers?

Accepted Answer

A)  $11.20 
B)  $12.80 
C)  $13.60 
D)  $14.30 
A)  $11.20 
B)  $12.80 
C)  $13.60 
D)  $14.30

Question 16

The goal of health care reform is to reduce the number of uninsured U.S.residents by how much in 2006?

Accepted Answer

A)  25 million 
B)  32 million 
C)  46 million 
D)  53 million 
A)  25 million 
B)  32 million 
C)  46 million 
D)  53 million

Question 17

Which of the following is a typical benefit preferred by employees with children (male or female,coupled or uncoupled)?

Accepted Answer

A)  life insurance 
B)  insurance with prescription drug benefits 
C)  generous vacation allowances 
D)  physical fitness programs 
A)  life insurance 
B)  insurance with prescription drug benefits 
C)  generous vacation allowances 
D)  physical fitness programs

Question 18

Which one of the developing Asian countries has the highest average pay rate?

Accepted Answer

A)  Vietnam 
B)  China 
C)  Indonesia 
D)  Bangladesh 
A)  Vietnam 
B)  China 
C)  Indonesia 
D)  Bangladesh

Question 19

Which one of the following is NOT true about labor participation rate?

Accepted Answer

A)  Labor participation rate for younger workers is expected to decline. 
B)  Labor participation rate for older workers is expected to rise. 
C)  Labor participation rate for women is expected to increase slightly. 
D)  Labor participation rate for men is expected to increase slightly. 
A)  Labor participation rate for younger workers is expected to decline. 
B)  Labor participation rate for older workers is expected to rise. 
C)  Labor participation rate for women is expected to increase slightly. 
D)  Labor participation rate for men is expected to increase slightly.

Question 20

The gap between productivity and real hourly compensation is the highest between the periods of

Accepted Answer

A)  1947-1973 
B)  1979-1990 
C)  1990-2000 
D)  2000-2009 
A)  1947-1973 
B)  1979-1990 
C)  1990-2000 
D)  2000-2009

________ is a situation in which a worker is forced to work part-time due to economic situations although s/he is willing to work full-time.

Which one of the following is NOT one of the direct or indirect reasons of rising wages in China?

Which of the following is NOT a typical benefit preferred by older workers?

During when did the U.S.economy experienced the longest recession after World War II?

________ is the face value of a dollar.

How did General Motors and Chrysler respond to lower consumer demand during Great Recession?

Which of the following is NOT true about the changes brought by PPACA?

What was the estimated number of underemployed workers in the United States during October-November 2007?

List the four challenges for compensation professionals.Among these,describe the challenges brought by wage issues in China.

Which one of the following is NOT one of the long-term implications of underemployment?

________ refers to a general slowdown in economic activity.

Briefly discuss the uncertainties brought by health care reform and changing workforce demographics.

Jane holds a bachelor's degree in sociology.She works as a part-time taxi driver.This situation is an example of which of the following?

What is the mean hourly wages for all underemployed workers?

The goal of health care reform is to reduce the number of uninsured U.S.residents by how much in 2006?

Which of the following is a typical benefit preferred by employees with children (male or female,coupled or uncoupled)?

Which one of the developing Asian countries has the highest average pay rate?

Which one of the following is NOT true about labor participation rate?

The gap between productivity and real hourly compensation is the highest between the periods of

Strategic Compensation: A Component of Human Resource Systems

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

Filters

Exam 16: Challenges Facing Compensation Professionals

________ is a situation in which a worker is forced to work part-time due to economic situations although s/he is willing to work full-time.

Which one of the following is NOT one of the direct or indirect reasons of rising wages in China?

Which of the following is NOT a typical benefit preferred by older workers?

During when did the U.S.economy experienced the longest recession after World War II?

________ is the face value of a dollar.

How did General Motors and Chrysler respond to lower consumer demand during Great Recession?

Which of the following is NOT true about the changes brought by PPACA?

What was the estimated number of underemployed workers in the United States during October-November 2007?

List the four challenges for compensation professionals.Among these,describe the challenges brought by wage issues in China.

Which one of the following is NOT one of the long-term implications of underemployment?

________ refers to a general slowdown in economic activity.

Briefly discuss the uncertainties brought by health care reform and changing workforce demographics.

Jane holds a bachelor's degree in sociology.She works as a part-time taxi driver.This situation is an example of which of the following?

What is the mean hourly wages for all underemployed workers?

The goal of health care reform is to reduce the number of uninsured U.S.residents by how much in 2006?

Which of the following is a typical benefit preferred by employees with children (male or female,coupled or uncoupled)?

Which one of the developing Asian countries has the highest average pay rate?

Which one of the following is NOT true about labor participation rate?

The gap between productivity and real hourly compensation is the highest between the periods of

Strategic Compensation: A Component of Human Resource Systems

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

Filters