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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
is a combination of pay grades that reduces the number of levels in a pay structure
a broad band
play the most crucial communication role becasue of their day-to-day interactions with employees
managers
the job-evaluation process includes all of the following except:

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