Question 1

Benefits costs have been escalating, but particularly for_______________

Accepted Answer

A) health care 
B) group life insurance 
C) vacation pay 
D) retirement plans such as pensions and 401(K) 
A) health care 
B) group life insurance 
C) vacation pay 
D) retirement plans such as pensions and 401(K)

Question 2

The Family and Medical Leave Act requires that eligible employees be permitted to take leave for each of the following reasons EXCEPT _______________.

Accepted Answer

A) caring for a domestic partner with a serious health condition 
B) adoption of a child 
C) caring for a parent with a serious health condition 
D) a serious health condition of the employee 
A) caring for a domestic partner with a serious health condition 
B) adoption of a child 
C) caring for a parent with a serious health condition 
D) a serious health condition of the employee

Question 3

A/An ______________distributes a portion of the organizational profits to employees.

Accepted Answer

A) profit sharing plan 
B) team-based incentive plan 
C) gainsharing plan 
D) employee stock ownership plan (ESOP) 
A) profit sharing plan 
B) team-based incentive plan 
C) gainsharing plan 
D) employee stock ownership plan (ESOP)

Question 4

On average, benefits costs in the United States are _______________ of an employers' payroll.

Accepted Answer

A) 10% - 20% 
B) 20% - 30% 
C) 30% - 40% 
D) 40% - 50% 
A) 10% - 20% 
B) 20% - 30% 
C) 30% - 40% 
D) 40% - 50%

Question 5

The advantage to a straight commission system is that is offers security to the sales staff.

Accepted Answer

A) True 
 B)False

Question 6

Explain why health?care cost management has become important. Discuss several strategies available for controlling costs and educating employees on their values.

Accepted Answer

An aging population, government mandates

Question 7

All of the following are sales compensation plans EXCEPT _______________.

Accepted Answer

A) salary only 
B) piecework 
C) straight commission 
D) salary plus commission 
A) salary only 
B) piecework 
C) straight commission 
D) salary plus commission

Question 8

How are Social Security benefits funded?

Accepted Answer

A) employers are taxed on the amount of wages and salaries paid to employees 
B) a tax on employee wages and salaries, paid by the employee 
C) a tax on employee wages and salaries, paid by employers and employees 
D) general federal tax revenues 
A) employers are taxed on the amount of wages and salaries paid to employees 
B) a tax on employee wages and salaries, paid by the employee 
C) a tax on employee wages and salaries, paid by employers and employees 
D) general federal tax revenues

Question 9

Financial services offered as employee benefits may provide all but which of the following? _______________.

Accepted Answer

A) information on investments 
B) information on tax shelters 
C) company reimbursement of income taxes 
D) comprehensive financial counseling 
A) information on investments 
B) information on tax shelters 
C) company reimbursement of income taxes 
D) comprehensive financial counseling

Question 10

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called__________ plans.

Accepted Answer

A)  Recognition 
B)  Omnibus 
C)  Perquisite 
D)  Paid Time Off 
A)  Recognition 
B)  Omnibus 
C)  Perquisite 
D)  Paid Time Off

Question 11

"Compensation linked to individual, team, and/or organization performance" is a definition of _______________.

Accepted Answer

A) compa-pay 
B) benefits 
C) executive perquisites 
D) variable pay 
A) compa-pay 
B) benefits 
C) executive perquisites 
D) variable pay

Question 12

Which of the following benefits is not provided by the Social Security system?

Accepted Answer

A) displacement 
B) disability 
C) survivor 
D) old age 
A) displacement 
B) disability 
C) survivor 
D) old age

Question 13

The most frequently used form of sales compensation is salary-plus-commission.

Accepted Answer

A) True 
 B)False

Question 14

A stock option plan gives employees the right to purchase a fixed number of shares of company stock at a specific price for a limited period of time.

Accepted Answer

A) True 
 B)False

Question 15

One example of a/an _______________ incentive is called _______________, which is a system of sharing with employees greater-than-expected gains in profits and/or productivity.

Accepted Answer

A) organizational; gainsharing 
B) group/team; profit sharing 
C) organizational; profit sharing 
D) group/team; gainsharing 
A) organizational; gainsharing 
B) group/team; profit sharing 
C) organizational; profit sharing 
D) group/team; gainsharing

Question 16

An individual incentive system will be counterproductive when _______________.

Accepted Answer

A) the organization emphasizes teamwork and cooperation 
B) there is a dynamic technological environment 
C) it results in competition among the employees 
D) the organizational culture stresses individualism 
A) the organization emphasizes teamwork and cooperation 
B) there is a dynamic technological environment 
C) it results in competition among the employees 
D) the organizational culture stresses individualism

Benefits costs have been escalating, but particularly for_______________

The Family and Medical Leave Act requires that eligible employees be permitted to take leave for each of the following reasons EXCEPT _______________.

A/An ______________distributes a portion of the organizational profits to employees.

On average, benefits costs in the United States are _______________ of an employers' payroll.

The advantage to a straight commission system is that is offers security to the sales staff.

Explain why health?care cost management has become important. Discuss several strategies available for controlling costs and educating employees on their values.

All of the following are sales compensation plans EXCEPT _______________.

How are Social Security benefits funded?

Financial services offered as employee benefits may provide all but which of the following? _______________.

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called__________ plans.

"Compensation linked to individual, team, and/or organization performance" is a definition of _______________.

Which of the following benefits is not provided by the Social Security system?

The most frequently used form of sales compensation is salary-plus-commission.

A stock option plan gives employees the right to purchase a fixed number of shares of company stock at a specific price for a limited period of time.

One example of a/an _ incentive is called _, which is a system of sharing with employees greater-than-expected gains in profits and/or productivity.

An individual incentive system will be counterproductive when _______________.

Human Resource Managements Role and Strategic Nature

Equal Employment Opportunity

Individualshr Planningjob Analysis

Staffing: Recruiting and Selection

Training and Talent Management

Performance Management and Appraisal

Total Rewards and Compensation

Risk Management and Employee Relations

Labor Relations

Filters

Exam 8: Variable Pay and Benefits

Benefits costs have been escalating, but particularly for_______________

The Family and Medical Leave Act requires that eligible employees be permitted to take leave for each of the following reasons EXCEPT _______________.

A/An ______________distributes a portion of the organizational profits to employees.

On average, benefits costs in the United States are _______________ of an employers' payroll.

The advantage to a straight commission system is that is offers security to the sales staff.

Explain why health?care cost management has become important. Discuss several strategies available for controlling costs and educating employees on their values.

All of the following are sales compensation plans EXCEPT _______________.

How are Social Security benefits funded?

Financial services offered as employee benefits may provide all but which of the following? _______________.

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called__________ plans.

"Compensation linked to individual, team, and/or organization performance" is a definition of _______________.

Which of the following benefits is not provided by the Social Security system?

The most frequently used form of sales compensation is salary-plus-commission.

A stock option plan gives employees the right to purchase a fixed number of shares of company stock at a specific price for a limited period of time.

One example of a/an _______________ incentive is called _______________, which is a system of sharing with employees greater-than-expected gains in profits and/or productivity.

An individual incentive system will be counterproductive when _______________.

Human Resource Managements Role and Strategic Nature

Equal Employment Opportunity

Individualshr Planningjob Analysis

Staffing: Recruiting and Selection

Training and Talent Management

Performance Management and Appraisal

Total Rewards and Compensation

Risk Management and Employee Relations

Labor Relations

Filters

One example of a/an _ incentive is called _, which is a system of sharing with employees greater-than-expected gains in profits and/or productivity.