Exam 10: Developing an Approach to Total Compensation

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The Hay Guide Chart-Profile is a standardized system for:

(Multiple Choice)
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Legislative attempts to raise minimum wage levels to a level that reflects actual cost of living in a particular area are called _____ laws.

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An employee who is being paid below the minimum,

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The theory of comparable worth states that:

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With a skill-based pay system,training is necessitated by organizational need rather than employee desire.

(True/False)
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The _____ method of job evaluation establishes pay grade categories and then groups job descriptions within these broad categories.

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The simplest job evaluation method is:

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Meaghan Scott is the founder and owner of Homewood Farm Jams.Her company has six employees.For pay purposes,each employee is ranked according to his or her contribution to the firm's bottom line.What job evaluation method does Meaghan use?

(Multiple Choice)
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A company can defend itself from claims of wage discrimination if pay differences are the result of a well-established seniority system.

(True/False)
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To conduct a compensation survey,a job evaluator must:

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Which of the following statements about pay equity as a compensation policy is true?

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The design of a total compensation system is shaped by the organizational environment.

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To make use of data from a wage and salary survey,an organization first needs to select appropriate benchmark jobs.

(True/False)
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What conditions would led employees to this believe pay inequities existed in their organization?

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Typical inputs that employees give to organizations include:

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An organization's strategic objectives often have important implications for the design and implementation of its compensation system.

(True/False)
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Although it is illegal for employers to forbid employee discussions of pay,keeping pay secret is the norm in many U.S.organizations.

(True/False)
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What is the most common level of market pay policy?

(Short Answer)
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To establish a prima facie case of wage discrimination under the Equal Pay Act _____.

(Multiple Choice)
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The presence of unions results in which of the following effects on compensation practices in that industry EXCEPT:

(Multiple Choice)
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