Question 1

Which method of comparison is NOT used in job evaluation?

Accepted Answer

A) job ranking system 
B) job worth system 
C) point system 
D) job classification system

Question 2

Leave of absence with pay is often granted for a variety of reasons including illness in the family,pregnancy,birth or adoption of a child and educational activities.

Accepted Answer

A) True 
 B)False

Question 3

What type of compensation program compensates employees for the knowledge they possess?

Accepted Answer

A) seniority based pay plans 
B) performance based pay plans 
C) skill-based pay plans 
D) merit based pay plans

Question 4

In addition to the benefits that are required by legislation,employers can choose to provide more benefits as part of the overall compensation package.Briefly describe five major voluntary employee benefits employers provide.

Accepted Answer

The answer of In addition to the benefits that are...

Question 5

What is known as a quantitative job evaluation procedure that determines a job's relative value on the basis of quantitative assessments of specific job elements?

Accepted Answer

A) the point system 
B) the job ranking system 
C) the job grade system 
D) the factor comparison system

Question 6

What is required of managers who wish to use the point system of job evaluation?

Accepted Answer

A) they must rank jobs by job classification 
B) they must select key job categories for comparison purposes 
C) they must link point totals of job types to the wage curve 
D) they must evaluate jobs based on compensable factors

Question 7

Because of the many problems in the way the CPI is calculated,wage setters feel that it is not important.

Accepted Answer

A) True 
 B)False

Question 8

Employers refer to the area from which they obtain certain types of workers as the labour market.

Accepted Answer

A) True 
 B)False

Question 9

Scenario 7.1 All Season Fitness
Ryan works for a small sports equipment and clothing retail store located in the southern interior of BC,All Season Fitness.He just learned that one of his coworkers,who works full time,started one year after he had started at the company is being paid 20% more than he is.He has worked for All Season Fitness for three years part-time while attending Okanagan College business program.Ryan's base pay is minimum wage.The owner of All Season Fitness compensation includes 90 % base pay and 10% individual commissions.The owner believes that rewards and recognition programs play a key role in retaining a good workforce particularly in the sports retail environment,where many of his employees make minimum wage.He provides his student employees flexible work hours and an annual school tuition scholarship of $1000.
-Please refer to Scenario 7.1.Which method of determining the relative worth of jobs would be the most popular and most used method at All Season Fitness?

Accepted Answer

A) job ranking 
B) job grading 
C) factor comparison 
D) point system

Question 10

From an administrative standpoint,it is preferable to group jobs into pay grades and pay all jobs according to the job's relative ranking within the pay grade.

Accepted Answer

A) True 
 B)False

Question 11

What do skill-based pay plans encourage employees to do?

Accepted Answer

A) focus on the type of job where they can display their specialty 
B) pursue work assignments that focus on narrowly defined requirements 
C) display an array of competencies that can be applied to a range of jobs 
D) leave the organization to pursue further academic credentials

Question 12

There are four major job evaluation systems used by employers.Name these systems,and briefly explain the major attributes of each system.

Accepted Answer

The answer of There are four major job evaluation systems...

Question 13

In which type of incentive plan does an employer pay special sums based on the organization's net income over a specified period?

Accepted Answer

A) profit sharing plan 
B) merit raises plan 
C) gainsharing plan 
D) individual bonus plan

Question 14

The employer's ability to pay is an external factor influencing the wage mix.

Accepted Answer

A) True 
 B)False

Question 15

Group life insurance is one of the newest and most popular employee benefits.

Accepted Answer

A) True 
 B)False

Question 16

In the factor comparison system,the five compensable factors that key jobs are evaluated against are skill,mental effort,physical effort,responsibility,and working conditions.

Accepted Answer

A) True 
 B)False

Question 17

What will most likely result from determining wage increases solely on the basis of the CPI?

Accepted Answer

A) employees will be motivated in the short run 
B) a more equitable compensation system will be created 
C) stronger pay-for-performance perceptions will occur 
D) pay rates within a pay structure will be compressed

Question 18

Broad banding refers to collapsing many traditional salary grades into a few wide salary bands.

Accepted Answer

A) True 
 B)False

Question 19

The use of skill-based pay systems has been associated with decreased productivity and diminished staffing flexibility.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following are NOT usually included in child-care assistance programs?

Accepted Answer

A) family leave 
B) on-site child care centres 
C) alternative work schedules 
D) private child care allowance

Exam 7: Recognizing and Rewarding Employees

Which method of comparison is NOT used in job evaluation?

Leave of absence with pay is often granted for a variety of reasons including illness in the family,pregnancy,birth or adoption of a child and educational activities.

What type of compensation program compensates employees for the knowledge they possess?

In addition to the benefits that are required by legislation,employers can choose to provide more benefits as part of the overall compensation package.Briefly describe five major voluntary employee benefits employers provide.

What is known as a quantitative job evaluation procedure that determines a job's relative value on the basis of quantitative assessments of specific job elements?

What is required of managers who wish to use the point system of job evaluation?

Because of the many problems in the way the CPI is calculated,wage setters feel that it is not important.

Employers refer to the area from which they obtain certain types of workers as the labour market.

From an administrative standpoint,it is preferable to group jobs into pay grades and pay all jobs according to the job's relative ranking within the pay grade.

What do skill-based pay plans encourage employees to do?

There are four major job evaluation systems used by employers.Name these systems,and briefly explain the major attributes of each system.

In which type of incentive plan does an employer pay special sums based on the organization's net income over a specified period?

The employer's ability to pay is an external factor influencing the wage mix.

Group life insurance is one of the newest and most popular employee benefits.

In the factor comparison system,the five compensable factors that key jobs are evaluated against are skill,mental effort,physical effort,responsibility,and working conditions.

What will most likely result from determining wage increases solely on the basis of the CPI?

Broad banding refers to collapsing many traditional salary grades into a few wide salary bands.

The use of skill-based pay systems has been associated with decreased productivity and diminished staffing flexibility.

Which of the following are NOT usually included in child-care assistance programs?