A) is defined as the ratio of average pay to the midpoint of the pay range. B) is defined as the ratio of the average pay for the grade divided by the minimum pay for the grade. C) can range from 0 to 100 percent. D) uses data from market-pay surveys. E) measures the degree to which new skills learnt are consistent with the increases in pay. A) is defined as the ratio of average pay to the midpoint of the pay range. B) is defined as the ratio of the average pay for the grade divided by the minimum pay for the grade. C) can range from 0 to 100 percent. D) uses data from market-pay surveys. E) measures the degree to which new skills learnt are consistent with the increases in pay.

Exam 12: Establishing a Pay Structure

At Carbon Fine Inc. ,a maker of premium art pencils,the human resource department is evaluating its pay structure.A compensation specialist computes the compa-ratio of the designers and determines that it is 1.9.What problem is most likely to result from a compa-ratio of this size?

(Multiple Choice)

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Question 81

Blyrie Pharma is a pharmaceutical company based in Alabama.Blyrie Pharma expects its employees to work long hours and achieve increased production rates.Employees earn one and a half times the usual hourly rate for working more than 40 hours in one week.Which of the following laws is Blyrie Pharma abiding by in this scenario?

(Multiple Choice)

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Question 82

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

(Essay)

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Question 83

Under the FLSA,exempt status of employees depends on their

(Multiple Choice)

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Question 84

Research on the effects of two-tier wage plans found that

(Multiple Choice)

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Question 85

Which of the following sentences best describes a situation that comparable-worth policies were designed to address?

(Multiple Choice)

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Question 86

Trevor,the human resource manager at XTech,is advising the company's business executives that paying more for labor than competitors can support the company's strategy.Under what conditions might Trevor's idea be most valid?

(Multiple Choice)

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Question 87

Although labor and product markets limit organizations' choices about pay levels,there is a range within which organizations can make decisions.The size of this range depends on the

(Multiple Choice)

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Question 88

Caroline,a researcher,believes that an organization needs to plan what they will pay employees in each job.Mark,her colleague,argues that an employee's pay should be independently negotiated.Which of the following statements will weaken Mark's argument?

(Multiple Choice)

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Question 89

Which of the following is a disadvantage of a pay structure that rewards employees for winning promotions?

(Multiple Choice)

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Question 90

Kazuri Inc. ,a manufacturing company,bases employees' pay entirely on market forces.In this case,which of the following is a practical drawback faced by the company?

(Multiple Choice)

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Question 91

Which of the following elements establish an organization's pay structure?

(Multiple Choice)

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Question 92

Issues affecting an organization's pay structure do not affect its reputation in general.

(True/False)

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Question 93

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?

(Multiple Choice)

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Question 94

Ramon Inc. ,a software company,uses job evaluations to establish the value of its jobs in terms of criteria such as their difficulty and their importance to the organization.The company then compares the evaluation points awarded to each job with the pay for each job.If jobs have the same number of evaluation points,but are not paid equally,the pay of the lower-paid job is raised.Based on the scenario,identify the policy adopted by the company.

(Multiple Choice)

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Question 95

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

(Multiple Choice)

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Question 96

Compa-ratio

(Multiple Choice)

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Question 97

SalientVision Inc. ,a construction company,receives more than $2,000 in federal money.The company pays its employees at rates at least equal to the prevailing wages in the area.The calculation of prevailing rates by the company is based on 30% of the local labor force.In this case,which of the following laws does the company comply with?

(Multiple Choice)

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Question 98

Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936,employees of federal contractors must receive rates less than the prevailing wages in the area.

(True/False)

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Question 99

Executive pay has drawn public scrutiny in recent years.Which of the following statements best explains the reason?

(Multiple Choice)

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Question 100

Showing 81 - 100 of 115

At Carbon Fine Inc. ,a maker of premium art pencils,the human resource department is evaluating its pay structure.A compensation specialist computes the compa-ratio of the designers and determines that it is 1.9.What problem is most likely to result from a compa-ratio of this size?

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

Under the FLSA,exempt status of employees depends on their

Research on the effects of two-tier wage plans found that

Which of the following sentences best describes a situation that comparable-worth policies were designed to address?

Trevor,the human resource manager at XTech,is advising the company's business executives that paying more for labor than competitors can support the company's strategy.Under what conditions might Trevor's idea be most valid?

Although labor and product markets limit organizations' choices about pay levels,there is a range within which organizations can make decisions.The size of this range depends on the

Caroline,a researcher,believes that an organization needs to plan what they will pay employees in each job.Mark,her colleague,argues that an employee's pay should be independently negotiated.Which of the following statements will weaken Mark's argument?

Which of the following is a disadvantage of a pay structure that rewards employees for winning promotions?

Kazuri Inc. ,a manufacturing company,bases employees' pay entirely on market forces.In this case,which of the following is a practical drawback faced by the company?

Which of the following elements establish an organization's pay structure?

Issues affecting an organization's pay structure do not affect its reputation in general.

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?

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

Compa-ratio

Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936,employees of federal contractors must receive rates less than the prevailing wages in the area.

Executive pay has drawn public scrutiny in recent years.Which of the following statements best explains the reason?

Managing Human Resources

Trends in Human Resource Management

Providing Equal Employment Opportunity and a Safe Workplace

Analyzing Work and Designing Jobs

Planning for and Recruiting Human Resources

Selecting Employees and Placing Them in Jobs

Training Employees

Developing Employees for Future Success

Creating and Maintaining High-Performance Organizations

Managing Employees Performance

Separating and Retaining Employees

Recognizing Employee Contributions With Pay

Providing Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

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