Dessler11 - Chapter 11: Establishing Strategic Pay Plans...

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Chapter 11: Establishing Strategic Pay Plans Multiple Choice 1. _____ refers to all forms of pay or rewards going to employees and arising from their employment. a. Reimbursement b. Employee compensation c. Salary d. Benefits e. Remuneration (b; easy; p. 390) 2. Direct financial payments include all of the following except _____. a. wages b. insurance c. salaries d. incentives e. commissions (b; easy; p. 390) 3. Which of the following is categorized as an indirect payment portion of employee compensation? a. wages b. salaries c. employer-paid insurance d. commissions e. bonuses (c; moderate; p. 390) 4. John is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a commission on every sale he makes. John’s pay is based on _____. a. time b. pay c. incentives d. bonuses e. seniority (b; moderate; p. 390) 5. Which of the following factors affects the design of any pay plan? a. legal b. union c. company policy d. equity e. all of the above (e; easy; p. 390) 211
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6. Which law allows the secretary of labor to set wage rates for laborers and mechanics employed by contractors working for the federal government? a. Davis-Bacon Act b. Walsh-Healey Public Contract c. Fair Wages Act d. Civil Rights Act e. Fair Labor Standards Act (a; difficult; p. 390) 7. The _____ sets basic labor standards for employees working on any government contract that amounts to more than $10,000. a. Davis-Bacon Act b. Walsh-Healey Public Contract c. Fair Wages Act d. Civil Rights Act e. Fair Labor Standards Act (b; difficult; p. 390) 8. Which compensation-related law contains minimum wage, maximum hours, overtime pay, equal pay, and child labor provisions? a. Davis-Bacon Act b. Walsh-Healey Public Contract c. Fair Wages Act d. Civil Rights Act e. Fair Labor Standards Act (e; difficult; p. 391) 9. Which of the following is addressed by the Fair Labor Standards Act? a. minimum wage b. maximum hours c. overtime pay d. child labor e. all of the above (e; easy; p. 391) 10. The Fair Labor Standards Act covers workers employed in _____. a. manufacturing b. retailing c. agriculture d. service industries e. all of the above (e; easy; p. 391) 212
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11. Which law makes it illegal to discriminate against any individual with respect to compensation because of race, color, religion, sex, or national origin? a. Fair Labor Standards Act b. Civil Rights Act c. Employer Retirement Income Security Act d. Equal Pay Act e. Davis-Bacon Act (b; moderate; p. 390) 12. According to the Fair Labor Standards Act, if a worker covered by the act works more than 40 hours, he or she will receive overtime pay at a rate of _____ of normal pay for any hours worked over 40 in a workweek. a.
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This note was uploaded on 01/29/2012 for the course INTERNATIO 101 taught by Professor Mr.johnnash during the Spring '11 term at Symbiosis International University.

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Dessler11 - Chapter 11: Establishing Strategic Pay Plans...

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