Exam 15: Challenges Facing Compensation Professionals

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________ refers to a general slowdown in economic activity.

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Economic recession

________ is a situation in which a worker possesses more qualifications,skill,and education than is required by his/her existing job.

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Malemployment

During which period did the so-called Great Recession occur?

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Companies promote profits,in part,by holding down employees' ________.

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Jane holds a doctoral degree in sociology and works as a taxi driver.Which of the following best describes this situation?

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One study about the minimum wage in particular cities concluded which of the following?

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Robert prefers to work full-time as a business analyst,but he is forced to work part-time for economic reasons because he is unable to find a full-time job.Which of the following best describes this situation?

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The Chinese central government is creating pressure throughout the wage structure because

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Offering relevant employee benefits can lead to which of the following outcomes?

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

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The gap between productivity and real hourly compensation was the highest during which of the following periods?

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Which is believed to be one of the reasons for President Obama's call to increase the overtime pay threshold?

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

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What are some of the issues associated with rising wages in China?

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Which one of the following is NOT considered a long-term implication of underemployment?

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Which one of the following factors has contributed to China's labor shortage?

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Since the 1970s,________ has lagged behind labor productivity growth.

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Discuss two possible unintended consequences of raising the salary threshold to qualify for overtime pay.

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Which of the following Asian countries has the highest average pay rate?

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Differences in employee preferences and needs based on life stage and life circumstances call for which of the following?

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