Question 1

Pay equity is achieved when employees' compensation is equal to the value of the work they perform.

Accepted Answer

A) True 
 B)False  True

Question 2

A current trend for incentive plans is to focus on individual achievement as opposed to business unit goals.

Accepted Answer

A) True 
 B)False  False

Question 3

Which government sponsored benefit program provides weekly benefits to a person who is unable to work through no fault of his/her own?

Accepted Answer

A) employment insurance 
B) severance pay 
C) sick pay 
D) termination pay 
A) employment insurance 
B) severance pay 
C) sick pay 
D) termination pay A

Question 4

What must an employer do to create a job classification system?

Accepted Answer

A) evaluate jobs with the use of a job evaluation scale 
B) rank jobs according to the beliefs of committee members 
C) create job grades with increasing amounts of responsibility,skill,knowledge,or ability 
D) establish a point plan to evaluate all jobs 
A) evaluate jobs with the use of a job evaluation scale 
B) rank jobs according to the beliefs of committee members 
C) create job grades with increasing amounts of responsibility,skill,knowledge,or ability 
D) establish a point plan to evaluate all jobs

Question 5

Which pay system would an organization likely use to establish greater job-staffing flexibility?

Accepted Answer

A) straight pay 
B) incentive pay 
C) skill-based pay 
D) two-tier pay 
A) straight pay 
B) incentive pay 
C) skill-based pay 
D) two-tier pay

Question 6

Scenario 7.1 All Season Fitness
Ryan works for a small sports equipment and clothing retail store located in the southern interior of BC,All Season Fitness.He just learned that one of his coworkers,who works full time,started one year after he had started at the company is being paid 20% more than he is.He has worked for All Season Fitness for three years part-time while attending Okanagan College business program.Ryan's base pay is minimum wage.The owner of All Season Fitness compensation includes 90 % base pay and 10% individual commissions.The owner believes that rewards and recognition programs play a key role in retaining a good workforce particularly in the sports retail environment,where many of his employees make minimum wage.He provides his student employees flexible work hours and an annual school tuition scholarship of $1000.
-Please refer to Scenario 7.1.Which advantage would All Season Fitness experience if their compensation levels and decisions were not kept secret?

Accepted Answer

A) employee trust in the compensation system 
B) increased employee motivation,if it is an equitable system 
C) organizational effectiveness 
D) greater freedom for managers in employee pay decisions 
A) employee trust in the compensation system 
B) increased employee motivation,if it is an equitable system 
C) organizational effectiveness 
D) greater freedom for managers in employee pay decisions

Question 7

Piecework is far more prevalent than hourly work as a basis for compensating employees.

Accepted Answer

A) True 
 B)False

Question 8

The job ranking system provides a very refined measure of each job's worth.

Accepted Answer

A) True 
 B)False

Question 9

Explain skill-based pay including its advantages and disadvantages.Include in your discussion the practice of broadbanding.

Accepted Answer

Skill-based pay,also known as competency

Question 10

What factors are used as the basis for creating a point system for job evaluation?

Accepted Answer

A) skill factors 
B) compensable factors 
C) knowledge factors 
D) descriptive factors 
A) skill factors 
B) compensable factors 
C) knowledge factors 
D) descriptive factors

Question 11

Real wages represent the positive difference between wage increases and cost-of-living increases.

Accepted Answer

A) True 
 B)False

Question 12

Employers can obtain meaningful market wage rates by sampling a number of different employing organizations.

Accepted Answer

A) True 
 B)False

Question 13

Using job evaluation and wage survey data jointly increases the likelihood of achieving both internal and external equity.

Accepted Answer

A) True 
 B)False

Question 14

The rates at which employees are paid are directly or indirectly influenced by a combination of internal and external factors.

Accepted Answer

A) True 
 B)False

Question 15

Wages of unionized employees are generally higher than those of non-union employees.

Accepted Answer

A) True 
 B)False

Question 16

How can the relationship between the relative worth of jobs and their pay rates be represented?

Accepted Answer

A) with a regression line 
B) with a salary progression chart 
C) with a wage curve 
D) with a pay gradient 
A) with a regression line 
B) with a salary progression chart 
C) with a wage curve 
D) with a pay gradient

Question 17

What is the simplest method of job evaluation?

Accepted Answer

A) point method 
B) job classification method 
C) factor comparison method 
D) ranking method 
A) point method 
B) job classification method 
C) factor comparison method 
D) ranking method

Question 18

The legal requirement of minimum hourly wage,means that an employer cannot pay any worker less than the per hour rate.

Accepted Answer

A) True 
 B)False

Question 19

Scenario 7.1 All Season Fitness
Ryan works for a small sports equipment and clothing retail store located in the southern interior of BC,All Season Fitness.He just learned that one of his coworkers,who works full time,started one year after he had started at the company is being paid 20% more than he is.He has worked for All Season Fitness for three years part-time while attending Okanagan College business program.Ryan's base pay is minimum wage.The owner of All Season Fitness compensation includes 90 % base pay and 10% individual commissions.The owner believes that rewards and recognition programs play a key role in retaining a good workforce particularly in the sports retail environment,where many of his employees make minimum wage.He provides his student employees flexible work hours and an annual school tuition scholarship of $1000.
-Please refer to Scenario 7.1.A female coworker is being compensated 10% less than Ryan.She is also a student working part-time,doing the same job and has the same qualifications and experience as Ryan.What is the legal term for this compensation inequity?

Accepted Answer

A) equal pay for equal work 
B) pay equity 
C) pay inequity 
D) unfair compensation 
A) equal pay for equal work 
B) pay equity 
C) pay inequity 
D) unfair compensation

Question 20

According to a recent study by Deloitte Consulting,almost 80 percent of companies surveyed would be reducing the value of their cash incentives.

Accepted Answer

A) True 
 B)False

Pay equity is achieved when employees' compensation is equal to the value of the work they perform.

A current trend for incentive plans is to focus on individual achievement as opposed to business unit goals.

Which government sponsored benefit program provides weekly benefits to a person who is unable to work through no fault of his/her own?

What must an employer do to create a job classification system?

Which pay system would an organization likely use to establish greater job-staffing flexibility?

Piecework is far more prevalent than hourly work as a basis for compensating employees.

The job ranking system provides a very refined measure of each job's worth.

Explain skill-based pay including its advantages and disadvantages.Include in your discussion the practice of broadbanding.

What factors are used as the basis for creating a point system for job evaluation?

Real wages represent the positive difference between wage increases and cost-of-living increases.

Employers can obtain meaningful market wage rates by sampling a number of different employing organizations.

Using job evaluation and wage survey data jointly increases the likelihood of achieving both internal and external equity.

The rates at which employees are paid are directly or indirectly influenced by a combination of internal and external factors.

Wages of unionized employees are generally higher than those of non-union employees.

How can the relationship between the relative worth of jobs and their pay rates be represented?

What is the simplest method of job evaluation?

The legal requirement of minimum hourly wage,means that an employer cannot pay any worker less than the per hour rate.

According to a recent study by Deloitte Consulting,almost 80 percent of companies surveyed would be reducing the value of their cash incentives.

The Challenges of Hrm

The Legal Framework of Hrm

Defining and Designing the Work

Human Resource Planning, recruitment, and Selection

Orientation, training, and Development

Managing Performance

A Part 1creating a Safe and Healthy Work Environment

B Part 2creating a Safe and Healthy Work Environment

Management Rights, employee Rights, and Discipline

Labour Relations and Collective Bargaining

International Human Resources Management

Filters

Exam 7: Recognizing and Rewarding Employees

Pay equity is achieved when employees' compensation is equal to the value of the work they perform.

A current trend for incentive plans is to focus on individual achievement as opposed to business unit goals.

Which government sponsored benefit program provides weekly benefits to a person who is unable to work through no fault of his/her own?

What must an employer do to create a job classification system?

Which pay system would an organization likely use to establish greater job-staffing flexibility?

Piecework is far more prevalent than hourly work as a basis for compensating employees.

The job ranking system provides a very refined measure of each job's worth.

Explain skill-based pay including its advantages and disadvantages.Include in your discussion the practice of broadbanding.

What factors are used as the basis for creating a point system for job evaluation?

Real wages represent the positive difference between wage increases and cost-of-living increases.

Employers can obtain meaningful market wage rates by sampling a number of different employing organizations.

Using job evaluation and wage survey data jointly increases the likelihood of achieving both internal and external equity.

The rates at which employees are paid are directly or indirectly influenced by a combination of internal and external factors.

Wages of unionized employees are generally higher than those of non-union employees.

How can the relationship between the relative worth of jobs and their pay rates be represented?

What is the simplest method of job evaluation?

The legal requirement of minimum hourly wage,means that an employer cannot pay any worker less than the per hour rate.

According to a recent study by Deloitte Consulting,almost 80 percent of companies surveyed would be reducing the value of their cash incentives.

The Challenges of Hrm

The Legal Framework of Hrm

Defining and Designing the Work

Human Resource Planning, recruitment, and Selection

Orientation, training, and Development

Managing Performance

A Part 1creating a Safe and Healthy Work Environment

B Part 2creating a Safe and Healthy Work Environment

Management Rights, employee Rights, and Discipline

Labour Relations and Collective Bargaining

International Human Resources Management

Filters