Exam 12: Establishing a Pay Structure

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Skill-based pay systems do not support empowerment of employees.

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What is benchmarking?

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Organizations use pay surveys to benchmark compensation.

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Scorla Automobiles is a manufacturing company based in Nevada.The employees of Scorla are paid the lowest amount under federal or state law,which is stated as an amount of pay per hour.Which of the following laws is the organization abiding by in this scenario?

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Which of the following statements is true about the Fair Labor Standards Act (FLSA)?

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Cindy and Alex execute the same roles and responsibilities at their organization.However,Alex earns more than Cindy.Under the laws governing equal employment opportunity,which of the following will justify the organization's decision to pay Alex more than Cindy?

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Pay ranges are most common for _____.

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Discuss the three major provisions of the Fair Labor Standards Act (FLSA).

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If state laws specify minimum wages,in addition to the federal level,employees are entitled to receive whichever rate is higher.

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Carbon Fine Inc.,a mining industry,hires employees belonging to the age group of 16 to 30.The company provides overtime pay for its employees.The company is charged for violation of law under the FLSA.Which of the following best explains the reason for the company being sued?

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The _____ requires employers to make jobs available to their workers when they return after fulfilling military duties for up to five years.

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What is skill-based pay? What are its advantages and disadvantages?

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Which of the following is a characteristic of delayering?

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Inverness Inc.,a manufacturing company,believes that pay is an investment that can generate returns in attracting,retaining,and motivating a high-quality workforce.In this case,which of the following statements is true about Inverness?

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Trevor,a researcher,believes that having higher labor costs than competitors is not necessarily bad.His colleague,Nick,supports Trevor's opinion by stating that employees must be paid according to the market rate.Which of the following strengthens their statements?

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_____ means that an employee is paid a given amount regardless of the number of hours worked or quality of the work.

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Perlis Inc.is a whole food distributor.The hourly pay of employees working at Perlis is lower than the earnings required to rise above poverty level.In this scenario,which of the following laws is violated by the company?

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Which of the following statements is true about job-based pay structures?

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John and Lisa hold the same position at Flyberry Electronics.However,John earns more than Lisa.In the context of pay structure,which of the following justifies the organization's decision to pay John more than Lisa?

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Pay grades allow precise matching of pay for individual jobs to market rates and an organization's job structure.

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