Exam 12: Performance Management, Compensation, Benefits, Payroll, and HRIS

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Websites with salary data are very accurate at giving the market rate of most jobs.

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False

Web-based services can offer decision support to employees deciding what levels of coverage to sign up for.

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True

Which of the following provides regulations regarding executive pay?

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B

The set of performance measures,with ______ and ______,becomes the performance "contract" for the period.

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Employers of nonexempt employees must pay them at least minimum wage,pay overtime of one and one-half base pay rate for every hour worked in 1 week in excess of 40 hours,keep track of hours worked,and file reports with the U.S.Labor Department demonstrating compliance.

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When performance is below standard or below the goal set by the direct report,corrective feedback is used.

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In what way(s)do benefits differ from compensation?

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Please explain the significance of the Fair Labor Standards Act (FLSA)for compensation programs.

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Describe what is included in an annual compensation report.

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Which of the following best describes the inputs for performance management systems?

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Compensation data is collected in house for benchmarking.

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The major rewards decision that has to be made about every employee is,

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Examples of ______ as a form of compensation include club memberships,first-class travel,and executive dining rooms.

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The performance management process consists of three parts: performance planning,performance observation,and providing positive feedback and/or corrective feedback.

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For benefits reporting,the most common required report is the annual benefits report to employees for tax-qualified plans under ______.

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Briefly explain why all compensation programs should be integrated.

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Briefly describe the differing components that make up total compensation for an employee?

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______ the transactional process through which compensation is transferred to employees and federal,state,and local income and payroll taxes are withheld from employees' checks.

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Discuss how a manager might make sure that the performance plan for each of her direct reports was driven by organizational strategy and the business plan.How can information systems support this goal?

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Briefly describe the data outflows of payroll.

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