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65 Cards in this Set
- Front
- Back
which of the following is not a pay-setting approach to developing pay structure?
* market survey data, pay policy line and pay grades |
Pay remuneration
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is a combination of pay grades that reduces the number of levels in a pay structure
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a broad band
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play the most crucial communication role becasue of their day-to-day interactions with employees
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managers
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the job-evaluation process includes all of the following except:
*included are compensable factors, a weighting scheme and scores |
pay ranges
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which one of the following HR activities provides basic descriptive information on job attributes and the job itself?
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Job analysis
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in developing a job-evaluation system, compensable factors
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are the characteristics of jobs that a firm values and chooses to pay for
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the courts have consistently ruled that using the going market rates of pay
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is an acceptable defense in comparable worth litigation suits.
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the compra-ratio
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measures the degree to which actual pay is consistent with pay policy
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research on the effects of two-tier wage plans has found that
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those in the lower tier used lower comparison standards than those in the higher tier.
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which of the following comparisons is not important when deciding how to combine and weigh pay survey data from product-market competitors
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the cost of recruiting replacements.
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Which piece of U.S. legislation, along with the 931 Davis-Bacon Act, legislated that federal contractors pay employees no less than the prevailing wage in the area
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Walsh-Healy Act
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Pay grades are desirable pay structures when
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an organization desires greater flexibility in moving employees
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A disadvantage of using the pay-grades approach that groups jobs into a smaller number of pay grades is that
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It results in some jobs being underpaid and others overpaid
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which pay-setting approach places the highest relative emphasis on external comparisons
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basing pay on market surveys that cover as many key jobs as possible
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when using pay surveys to establish pay levels, all of the following are important activities except
*include both labor-market and product market competitors, decide if multiple surveys will be used, and decide how to weigh and combine pay data |
include all jobs in a n organization in the survey
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___ are the different pay rates various employees may get for the same job
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rate ranges
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weighing factors based on expert judgment refers to
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a priori weights
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competency-based pay is generally directed toward
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exempt employees
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comparable worth is a public policy that
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advocates the use of job evaluation to replace the market in pay-setting
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the US law that prohibits sex- or race-based differences in employment outcomes such as pay, unless justified by business necessity, is
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Title VII of the Civil rights act of 1964
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which group of employees is not exempt from the Fair labor Standards Act
*professionals, administrative personnel, and outside sales occupations |
Firefighters
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which of the following is not a true statement concerning product-market competition
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product-market competition is the degree to which an organization must pay to compete against other companies that hier similar employees.
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approximately what percentage of U.S employees fall into the exempt category of the FLSA
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%
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which one of the following is not true of the FLSA
* state laws may specify higher minimum wages than the FLSA, the FLSA permits a sub minimum training wage equal to 85 percent of the minimum wage, nonexempt employees are covered and include most hourly workers. |
the act applies to all employees with 15 or more employees working 20 or more weeks a year
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compensation management could be improved in most organizations by
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increasing employee participation in compensation decision making
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early retirement incentive programs must meet all but one of the following legal requirements name the exception
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employees must be given a written statement describing retiree benefits.
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The right of an employee to a pension upon retirement is known as
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vesting
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which of the following is not one of the major categories of workers' compensation
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death of spouse benefits
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to be a qualified benefits plan, a benefit cannot discriminate in favor of
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highly compensated employees
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to take unpaid family leave under the provision of the family and medical leave act, employees must meet all but one of the folloinwg
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have worked at least 15 hours per week
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which of the following is not typically a factor used to determine retirement benefit levels of employees under a defined benefit retirement plan
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number of dependents
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the family and medical leave of 1993 requires all but one of the following
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maintenance of all benefits, including vacations and pensions.
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the highest level of child care provision is
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providing child care at o near the worksite
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which type of retiree benefits plan is excluded from the rule issued under financial accounting statement
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pensions
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survey information on competitors' benefits packages and information on benefits costs a re available through all but one of the following sources.
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PBGC
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which of the following is not a type of defined contribution pension plan
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a gainsharing plan
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which one if any of the following is an "active" wellness program
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outreach, follow-up programs
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which one of the following is not true of workers' compensation
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employees are covered under the "no-fault" provision regardless of their behavior
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COBRA
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requires employers to permit employees to extend their health insurance coverage at group rates for up to months following a qualifying event, such as a layoff.
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PPos differ from HMOs in all but one of the following
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PPOs are less expensive plans than HMOs
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from which source do most retirees receive most of their retirement income
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social security
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which of the following does not help explain why it is less expensive for groups versus individuals to purchase many benefits
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ERISA rules provide favorable tax treatment for large groups.
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Which of the following statements concerning the pension benefit guaranty corporation is not true
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it promises a specific benefit level for employees upon retirement
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the law that specifies that employees with disabilities must have "equal access to whatever health insurance coverage the employer provides other employees" is
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ADA
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adverse selection can be controlled by all but one fo the following employer actions.
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restricting certain employees from selecting certain benefits options.
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which of the following is not characteristic of employee wellness programs
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the programs tend to be quite costly
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the workers' compensation cost to an employer is based on all of the following except
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the employer's profitability
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which of the following is not generally a characteristics of sick leave programs
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they are based on a "use it or lose it," no-accumulation policy.
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what percentage of U.S. workers are eligible for paid family leave in the U.S.
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5%
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while the number of mandatory days of vacation in Western europe is 30 most U.S>
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10 days
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which of the following was not an amendment to the SS act of 1935
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estate insurance
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workers are eligible for unemployment benefits if they
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have been working for at least 52 weeks
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survey information on competitors' benefits packages and information on benefits costs are available through all but one of the following source
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PBGC
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which one of the following employee benefits represented the greates percentage of total payroll to employers
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medical and other insurance.
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employers use of increased deductibles, coinsurance payments, policy exclusions and limitations and establishment of maximum benefits are examples of which of the following
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plan design
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___ plan do not promise a specific benefit level for employees upon retirement. rather, an individual account is set up for each employee with a guaranteed size of contribution
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defined contribution
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which of the following is not a characteristic of a health maintenance organization (HMO)
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employee selection of preferred physicians
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which of the following is not a unique aspect of benefits as part of total compensation
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they are more liquid than wages and salaries
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which one of the following is true of defined contribution plans
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they are more prevalent in smaller than larger companies
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which of the following is true defined contribution plans
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they are more prevalent in smaller than larger companies
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Which of the following statements about flexible spending accounts is not true?
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they can only be used for dependent-care expenses
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skill-based and competency-based approaches have all but one of the following potential disadvantages. name the exception
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decreased worker flexibility
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an example of a typical compensable factor is
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working conditions
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the crowding hypothesis as related to aspects of pay determination responsible for difference between male and female pay argues that
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women were historically restricted to entering a small number of occupations.
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implications of the equity theory for managing employee compensation include all but one of the following
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employees look at the intrinsic aspect of their work when making pay evaluation.
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