Question 1

When continued service after the sale is essential,a firm will most likely compensate sales representatives with ________.

Accepted Answer

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

Question 2

Benson Enterprises pays lower salaries than its competitors in order to control labor costs,especially when the firm's financial condition is weak.Which type of compensation policy is most likely in place at Benson Enterprises?

Accepted Answer

A)  conservative pay policy 
B)  market lag policy 
C)  economical pay policy 
D)  individual rate 
A)  conservative pay policy 
B)  market lag policy 
C)  economical pay policy 
D)  individual rate

Question 3

Overtime pay is not legally required for ________.

Accepted Answer

A)  nonexempt employees 
B)  exempt employees 
C)  blue-collar workers 
D)  salaried employees 
A)  nonexempt employees 
B)  exempt employees 
C)  blue-collar workers 
D)  salaried employees

Question 4

In which method of sales compensation do salespersons receive a fixed salary regardless of their sales levels?

Accepted Answer

A)  straight commission 
B)  variable pay 
C)  straight salary 
D)  spot bonus 
A)  straight commission 
B)  variable pay 
C)  straight salary 
D)  spot bonus

Question 5

As an HR manager at an electronics firm,you learn that the position of Technician I at your firm is underpaid.What would be the best way to handle this situation?

Accepted Answer

A)  notify the affected workers and their union representatives 
B)  immediately increase the pay for workers in that job to at least the minimum pay level 
C)  give workers in that job a bonus at the end of the year 
D)  wait until the next broadbanding opportunity 
A)  notify the affected workers and their union representatives 
B)  immediately increase the pay for workers in that job to at least the minimum pay level 
C)  give workers in that job a bonus at the end of the year 
D)  wait until the next broadbanding opportunity

Question 6

What is a compensation survey? How do organizations benefit from using compensation surveys?

Accepted Answer

A compensation survey is a means of obta

Question 7

As the HR manager at a new firm,Kelly is responsible for the process of job evaluation.Kelly has completed a job evaluation for each position at the firm.What will most likely be the direct result of Kelly's work?

Accepted Answer

A)  job structure 
B)  financial equity 
C)  job alignment 
D)  organizational fit 
A)  job structure 
B)  financial equity 
C)  job alignment 
D)  organizational fit

Question 8

Which federal law established standards for child labor?

Accepted Answer

A)  Social Security Act 
B)  Walsh-Healey Act 
C)  Fair Labor Standards Act 
D)  Labor Management Relations Act 
A)  Social Security Act 
B)  Walsh-Healey Act 
C)  Fair Labor Standards Act 
D)  Labor Management Relations Act

Question 9

Which of the following is a gainsharing plan that provides a financial reward to employees for labor cost savings resulting from their suggestions?

Accepted Answer

A)  deferred plan 
B)  Scanlon plan 
C)  current plan 
D)  Rucker plan 
A)  deferred plan 
B)  Scanlon plan 
C)  current plan 
D)  Rucker plan

Question 10

Which of the following is the main reason companies include deferred compensation in executive compensation packages?

Accepted Answer

A)  aligning the interests of the executive with the company shareholders over the long term 
B)  aligning the interests of the executive with the company shareholders over the short term 
C)  mainly for increasing the total compensation of executives 
D)  mainly to avoid scrutiny from the Securities and Exchange Commission. 
A)  aligning the interests of the executive with the company shareholders over the long term 
B)  aligning the interests of the executive with the company shareholders over the short term 
C)  mainly for increasing the total compensation of executives 
D)  mainly to avoid scrutiny from the Securities and Exchange Commission.

When continued service after the sale is essential,a firm will most likely compensate sales representatives with ________.

Benson Enterprises pays lower salaries than its competitors in order to control labor costs,especially when the firm's financial condition is weak.Which type of compensation policy is most likely in place at Benson Enterprises?

Overtime pay is not legally required for ________.

In which method of sales compensation do salespersons receive a fixed salary regardless of their sales levels?

As an HR manager at an electronics firm,you learn that the position of Technician I at your firm is underpaid.What would be the best way to handle this situation?

What is a compensation survey? How do organizations benefit from using compensation surveys?

As the HR manager at a new firm,Kelly is responsible for the process of job evaluation.Kelly has completed a job evaluation for each position at the firm.What will most likely be the direct result of Kelly's work?

Which federal law established standards for child labor?

Which of the following is a gainsharing plan that provides a financial reward to employees for labor cost savings resulting from their suggestions?

Which of the following is the main reason companies include deferred compensation in executive compensation packages?

Human Resource Management: An Overview

Business Ethics and Corporate Social Responsibility

Equal Employment Opportunity, Affirmative Action, and Workforce Diversity

Strategic Planning, Human Resource Planning, and Job Analysis

Recruitment

Selection

Performance Management and Appraisal

Training and Development

Indirect Financial Compensation Employee Benefits:

Labor Unions and Collective Bargaining

Internal Employee Relations

Employee Safety, Health, and Wellness

Global Human Resource Management

Filters

Exam 9: Direct Financial Compensation Core Compensation:

When continued service after the sale is essential,a firm will most likely compensate sales representatives with ________.

Benson Enterprises pays lower salaries than its competitors in order to control labor costs,especially when the firm's financial condition is weak.Which type of compensation policy is most likely in place at Benson Enterprises?

Overtime pay is not legally required for ________.

In which method of sales compensation do salespersons receive a fixed salary regardless of their sales levels?

As an HR manager at an electronics firm,you learn that the position of Technician I at your firm is underpaid.What would be the best way to handle this situation?

What is a compensation survey? How do organizations benefit from using compensation surveys?

As the HR manager at a new firm,Kelly is responsible for the process of job evaluation.Kelly has completed a job evaluation for each position at the firm.What will most likely be the direct result of Kelly's work?

Which federal law established standards for child labor?

Which of the following is a gainsharing plan that provides a financial reward to employees for labor cost savings resulting from their suggestions?

Which of the following is the main reason companies include deferred compensation in executive compensation packages?

Human Resource Management: An Overview

Business Ethics and Corporate Social Responsibility

Equal Employment Opportunity, Affirmative Action, and Workforce Diversity

Strategic Planning, Human Resource Planning, and Job Analysis

Recruitment

Selection

Performance Management and Appraisal

Training and Development

Indirect Financial Compensation Employee Benefits:

Labor Unions and Collective Bargaining

Internal Employee Relations

Employee Safety, Health, and Wellness

Global Human Resource Management

Filters