Question 1

The Equal Pay Act of 1963 prohibits companies from using different wage scales for men and women performing substantially the same jobs.

Accepted Answer

A) True 
 B)False

Question 2

A pay adjustment matrix considers two factors:the employee's level of performance as rated in an appraisal and the employee's position in the pay range, which is often related to experience and tenure.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following statements is true of the equity theory?

Accepted Answer

A)   This theory of motivation was first introduced by Victor Vroom at Yale in 1964.
B)   This theory of motivation was first introduced by John Stacey Adams in 1963.
C)   This theory states that an employee's motivation is based on several linked concepts.
D)   This theory emphasizes the importance of finding valued rewards for the employee.

Question 4

Compliance with FLSA provisions on employee compensation is enforced by the National Labor Relations Board.

Accepted Answer

A) True 
 B)False

Question 5

Organizational policies that discourage employees from sharing pay information with each other may violate the _____.

Accepted Answer

A)   Equal Pay Act
B)   National Labor Relations Act
C)   Fair Pay Act
D)   Davis-Bacon Act

Question 6

The equity theory states that individuals judge fairness in compensation by comparing their inputs and outcomes against the inputs and outcomes of referent others.

Accepted Answer

A) True 
 B)False

Question 7

Describe market competitive compensation.

Accepted Answer

Whether an organization's total reward p...

Question 8

The home-country-based approach compensates the expatriate at the same level as workers from the country where the expatriate has been sent from the headquarter.

Accepted Answer

A) True 
 B)False

Question 9

Productivity = _____.

Accepted Answer

A)   total revenue divided by number of Full Time Equivalents
B)   total revenue divided by total output produced
C)   total output produced divided by number of Full Time Equivalents
D)   total output produced divided by total revenue

Question 10

The FLSA established overtime pay requirements at _____ times the regular pay rate for all hours worked over 40 in a week.

Accepted Answer

A)   two
B)   two and one-half
C)   one and one-half
D)   three

Question 11

Describe the various components of compensation.

Accepted Answer

Tangible rewards can be measured, so it ...

Question 12

Which of the following is an indicator of external inequity?

Accepted Answer

A)   Difficulty hiring new employees
B)   Lack of fairness in how rewards are distributed among employees
C)   Lower attrition levels
D)   Reward system based on favoritism

Question 13

Which of the following is a tangible direct reward?

Accepted Answer

A)   Base pay
B)   Health care benefits
C)   Paid time off
D)   Challenging work

Question 14

Which of the following is true of the classification method of job evaluation?

Accepted Answer

A)   In this method, descriptions of each group of jobs are written and then each job is put into a grade according to the group it best matches.
B)   It is a complex quantitative method that combines the ranking and point factor methods.
C)   It looks at compensable factors in a group of similar jobs and assigns weights, or points, to them.
D)   It is a simple system that places jobs in order, from highest to lowest, by their value to the organization.

Question 15

Number of Full Time Equivalents = _____.

Accepted Answer

A)   total annual hours paid for all employees divided by the total output of all full-time employees
B)   total output of all full-time employees divided by the total annual hours paid for all employees
C)   total annual hours paid for all employees divided by the number of hours a full-time employee is scheduled to work
D)   number of hours a full-time employee is scheduled to work divided by the total annual hours paid for all employees

Question 16

A _____ shows the relationship between job value as determined by job evaluation points and job value as determined by pay survey rates.

Accepted Answer

A)   market grade
B)   market band
C)   market line
D)   market scale

Question 17

The _____ prohibits companies from using different wage scales for men and women performing substantially the same jobs.

Accepted Answer

A)   Fair Employment Act
B)   Employment Non-Discrimination Act
C)   Civil Rights Act
D)   Equal Pay Act

Question 18

Which of the following is a tangible indirect reward?

Accepted Answer

A)   Base pay
B)   Health care benefits
C)   Challenging work
D)   Variable pay

Question 19

Define offshoring.

Accepted Answer

Offshoring is the pr...

Question 20

A red-circled employee is an employee who is paid above the range for the job.

Accepted Answer

A) True 
 B)False

Exam 11: Total Rewards and Compensation

Which of the following is true of the classification method of job evaluation?

Correct AnswerverifiedShow Answer

A red-circled employee is an employee who is paid above the range for the job.

Correct AnswerverifiedShow Answer

Which of the following is an indicator of external inequity?

Correct AnswerverifiedShow Answer

Compliance with FLSA provisions on employee compensation is enforced by the National Labor Relations Board.

Correct AnswerverifiedShow Answer

The Equal Pay Act of 1963 prohibits companies from using different wage scales for men and women performing substantially the same jobs.

Correct AnswerverifiedShow Answer

Describe market competitive compensation.

Correct AnswerverifiedWhether an organization's total reward p...View AnswerShow Answer

Describe the various components of compensation.

Correct AnswerverifiedTangible rewards can be measured, so it ...View AnswerShow Answer

A pay adjustment matrix considers two factors:the employee's level of performance as rated in an appraisal and the employee's position in the pay range, which is often related to experience and tenure.

Correct AnswerverifiedShow Answer

Which of the following is a tangible direct reward?

Correct AnswerverifiedShow Answer

The equity theory states that individuals judge fairness in compensation by comparing their inputs and outcomes against the inputs and outcomes of referent others.

Correct AnswerverifiedShow Answer

Organizational policies that discourage employees from sharing pay information with each other may violate the _____.

Correct AnswerverifiedShow Answer

Number of Full Time Equivalents = _____.

Correct AnswerverifiedShow Answer

A _____ shows the relationship between job value as determined by job evaluation points and job value as determined by pay survey rates.

Correct AnswerverifiedShow Answer

Productivity = _____.

Correct AnswerverifiedShow Answer

Define offshoring.

Correct AnswerverifiedOffshoring is the pr...View AnswerShow Answer

The FLSA established overtime pay requirements at _____ times the regular pay rate for all hours worked over 40 in a week.

Correct AnswerverifiedShow Answer

Which of the following is a tangible indirect reward?

Correct AnswerverifiedShow Answer

The _____ prohibits companies from using different wage scales for men and women performing substantially the same jobs.

Correct AnswerverifiedShow Answer

The home-country-based approach compensates the expatriate at the same level as workers from the country where the expatriate has been sent from the headquarter.

Correct AnswerverifiedShow Answer

Which of the following statements is true of the equity theory?

Correct AnswerverifiedShow Answer

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Whether an organization's total reward p...
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Tangible rewards can be measured, so it ...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Offshoring is the pr...
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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