Question 1

Which of the following is true of an employer who uses the third-quartile strategy of compensation?

Accepted Answer

A)  The employer pays the employees above market levels. 
B)  The employers determine the pay irrespective of the market scenario. 
C)  The employer pays the employees below market levels. 
D)  The employer pays the employees on par with the market levels. 
A)  The employer pays the employees above market levels. 
B)  The employers determine the pay irrespective of the market scenario. 
C)  The employer pays the employees below market levels. 
D)  The employer pays the employees on par with the market levels. A

Question 2

What is a lump-sum increase?

Accepted Answer

A lump-sum increase (LSI) is a one-time payment of all or part of a yearly pay increase.

Question 3

Describe the pay-for-performance philosophy of employee compensation.

Accepted Answer

A pay-for-performance philosophy assumes that compensation decisions reflect performance differences. Organizations using this philosophy do not guarantee additional compensation simply for completing another year of service. Instead, pay and incentives are structured to reward performance differences among employees. Outstanding performers are compensated with substantially greater pay increases and higher variable rewards than employees who perform at only a satisfactory level. Employees who perform below standards are denied pay increases and are often placed on a performance-improvement plans that specify what they need to do to improve their contributions at work.

Question 4

Average annual salary increase = _____.

Accepted Answer

A)  the average salary increase of all employees divided by the number of full-time equivalents 
B)  the number of full-time equivalents divided by the total salary increase of all employees 
C)  the total salary increase of all employees divided by the number of full-time equivalents 
D)  the number of full-time equivalents divided by the average salary increase of all employees 
A)  the average salary increase of all employees divided by the number of full-time equivalents 
B)  the number of full-time equivalents divided by the total salary increase of all employees 
C)  the total salary increase of all employees divided by the number of full-time equivalents 
D)  the number of full-time equivalents divided by the average salary increase of all employees

Question 5

The child labor provisions of the FLSA set the minimum age for hazardous occupations at _____ years.

Accepted Answer

A)  14 
B)  16 
C)  18 
D)  20 
A)  14 
B)  16 
C)  18 
D)  20

Question 6

Which of the following is true of pay compression?

Accepted Answer

A)  It is the process by which all employees' pays decrease significantly in an economic downturn. 
B)  It occurs when the employer groups employees with different pay grades together. 
C)  It is frequently a result of labor market pay levels increasing faster than current employees' pay adjustments. 
D)  It occurs when pay differences among individuals with different levels of experience and performance become large. 
A)  It is the process by which all employees' pays decrease significantly in an economic downturn. 
B)  It occurs when the employer groups employees with different pay grades together. 
C)  It is frequently a result of labor market pay levels increasing faster than current employees' pay adjustments. 
D)  It occurs when pay differences among individuals with different levels of experience and performance become large.

Question 7

Describe the Fair Labor Standards Act and the major areas it focuses on.

Accepted Answer

The primary federal law affecting compen

Question 8

Procedural justice is the perceived fairness in how rewards are distributed.

Accepted Answer

A) True 
 B)False

Question 9

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Accepted Answer

A) True 
 B)False

Question 10

Describe Internet-based pay information and pay surveys.

Accepted Answer

HR professionals can access a wide range

Question 11

Describe two motivation theories and their relationship with compensation.

Accepted Answer

The expectancy theory of motivation was

Question 12

Define job evaluation.

Accepted Answer

Job evaluation is a formal, sy

Question 13

The two factors that the pay adjustment matrix considers are _____.

Accepted Answer

A)  the employee's performance as rated in an appraisal and the employee's position in the pay range 
B)  the employee's total productivity and the employee's position in the pay range 
C)  the employee's performance as rated in an appraisal and the total number of hours spent at work 
D)  the employee's total productivity and the total number of hours spent at work 
A)  the employee's performance as rated in an appraisal and the employee's position in the pay range 
B)  the employee's total productivity and the employee's position in the pay range 
C)  the employee's performance as rated in an appraisal and the total number of hours spent at work 
D)  the employee's total productivity and the total number of hours spent at work

Question 14

The child labor provisions of the FLSA set the minimum age for employment with unlimited hours at 19 years.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is true of an employer who uses the second-quartile strategy of compensation?

Accepted Answer

A)  The employer pays the employees above market levels. 
B)  The employers determine the pay independent of the market scenario. 
C)  The employer pays the employees below market levels. 
D)  The employer pays the employees on par with the market levels. 
A)  The employer pays the employees above market levels. 
B)  The employers determine the pay independent of the market scenario. 
C)  The employer pays the employees below market levels. 
D)  The employer pays the employees on par with the market levels.

Question 16

Which of the following is typically the immediate next step after compensation philosophy in the compensation administration process?

Accepted Answer

A)  Job analysis 
B)  Job evaluation 
C)  Internal focus 
D)  External focus 
A)  Job analysis 
B)  Job evaluation 
C)  Internal focus 
D)  External focus

Question 17

Most federal and state entities rely on the criteria for independent contractor status identified by the _____.

Accepted Answer

A)  National Labor Relations Board 
B)  Internal Revenue Service 
C)  Department of Labor 
D)  U.S. Treasury Department 
A)  National Labor Relations Board 
B)  Internal Revenue Service 
C)  Department of Labor 
D)  U.S. Treasury Department

Question 18

Define compensable factor.

Accepted Answer

A compensable factor identifie

Question 19

Differentiate between exempt employees and nonexempt employees.

Accepted Answer

Under the Fair Labor Standards Act, empl

Question 20

Average hourly rate = _____.

Accepted Answer

A)  total individual hourly rates of pay for all employees divided by the total output produced 
B)  total individual hourly rates of pay for all employees divided by the number of employees 
C)  total individual hourly rates of pay for all employees divided by the total number of hours worked 
D)  total individual hourly rates of pay for all employees divided by the total output produced in an hour 
A)  total individual hourly rates of pay for all employees divided by the total output produced 
B)  total individual hourly rates of pay for all employees divided by the number of employees 
C)  total individual hourly rates of pay for all employees divided by the total number of hours worked 
D)  total individual hourly rates of pay for all employees divided by the total output produced in an hour

Which of the following is true of an employer who uses the third-quartile strategy of compensation?

What is a lump-sum increase?

Describe the pay-for-performance philosophy of employee compensation.

Average annual salary increase = _____.

The child labor provisions of the FLSA set the minimum age for hazardous occupations at _____ years.

Which of the following is true of pay compression?

Describe the Fair Labor Standards Act and the major areas it focuses on.

Procedural justice is the perceived fairness in how rewards are distributed.

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Describe Internet-based pay information and pay surveys.

Describe two motivation theories and their relationship with compensation.

Define job evaluation.

The two factors that the pay adjustment matrix considers are _____.

The child labor provisions of the FLSA set the minimum age for employment with unlimited hours at 19 years.

Which of the following is true of an employer who uses the second-quartile strategy of compensation?

Which of the following is typically the immediate next step after compensation philosophy in the compensation administration process?

Most federal and state entities rely on the criteria for independent contractor status identified by the _____.

Define compensable factor.

Differentiate between exempt employees and nonexempt employees.

Average hourly rate = _____.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individual/Organization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Variable Pay and Executive Compensation

Managing Employee Benefits

Risk Management and Worker Protection

Employee Rights and Responsibilities

Union/Management Relations

Filters

Exam 11: Total Rewards and Compensation

Which of the following is true of an employer who uses the third-quartile strategy of compensation?

What is a lump-sum increase?

Describe the pay-for-performance philosophy of employee compensation.

Average annual salary increase = _____.

The child labor provisions of the FLSA set the minimum age for hazardous occupations at _____ years.

Which of the following is true of pay compression?

Describe the Fair Labor Standards Act and the major areas it focuses on.

Procedural justice is the perceived fairness in how rewards are distributed.

A major difficulty with the factor-comparison method is that subjective judgments are needed to develop the class descriptions and to place jobs accurately in them.

Describe Internet-based pay information and pay surveys.

Describe two motivation theories and their relationship with compensation.

Define job evaluation.

The two factors that the pay adjustment matrix considers are _____.

The child labor provisions of the FLSA set the minimum age for employment with unlimited hours at 19 years.

Which of the following is true of an employer who uses the second-quartile strategy of compensation?

Which of the following is typically the immediate next step after compensation philosophy in the compensation administration process?

Most federal and state entities rely on the criteria for independent contractor status identified by the _____.

Define compensable factor.

Differentiate between exempt employees and nonexempt employees.

Average hourly rate = _____.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individual/Organization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Variable Pay and Executive Compensation

Managing Employee Benefits

Risk Management and Worker Protection

Employee Rights and Responsibilities

Union/Management Relations

Filters