Final Exam

Human Resource Management (Available Titles Coursemate)

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Grade Details 1. Question: In the last decade the pressures of the U.S. economy have compelled most private sector, for-profit organizations to change to a pay-for-performance compensation philosophy. Your Answer: True False CORREC T Points Received: 3 of 3 Comments: 2. Question: Those interested in women’s rights tend to be strong promoters of traditional job evaluation methods because these methods reflect rates of pay in the “market economy,” thus ensuring pay equity for women. Your Answer: True False CORREC T Points Received: 3 of 3 Comments: 3. Question: As a young employee who consistently meets (but does not exceed) performance expectations, which type of pay increase system would most likely be to your personal financial benefit considering that you expect to stay with the company another 10 years? Your Answer: Broad banding Lump sum increases Across-the-board raises CORREC T Second quartile approach Points Received: 3 of 3 Comments: 4. Question: Which of the following employees will be qualified for the LARGEST pay raise according to a typical pay adjustment matrix? An employee with: Your Answer: A compra-ratio of 85 who does not meet performance expectations A compra-ratio of 115 who exceeds performance expectations A compra-ratio of 115 who meets performance expectations A compra-ratio of 85 who exceeds performance expectations CORREC T Points Received: 3 of 3 Comments: 5. Question: In the next five years pay surveys will be: Your Answer: Undergoing a major legal challenge due to widespread accusations of “price-fixing on wages” Conducted largely electronically, using Web-based technology CORREC T Conducted by linking company payroll databases to the surveying company Less popular because of the way market pricing distorts the internal equity of the compensation system Points Received: 3 of 3 Comments: 6. Question: Much of the accuracy of the market pricing method of job evaluation depends on:
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Your Answer: The industry in which the organization operates Whether gender bias can be eliminated from the system The quality of the job matches between the survey and the employer’s jobs CORREC T The depth and appropriateness of the compensable factors used Points Received: 3 of 3 Comments: 7. Question: Terri is a salaried line worker at Chicken Delight Poultry Processors. Terri joking refers to herself as a “chicken dis- assembler.” She often works more than 40 hours a week, and is not paid overtime. In this situation: Your Answer: Terri’s pay is consistent with the FLSA because she is a salaried worker Terri should be paid overtime according to the FLSA because she is an exempt employee Terri’s pay is not consistent with the FLSA because she is a non-exempt employee CORREC T Terri should be given compensatory time off but not overtime because she is a salaried worker Points Received: 3 of 3 Comments: 8. Question: Steven, the vice president of manufacturing for a U.S. textile firm that is opening up a plant in India, must decide how
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Final Exam - Grade Details 1.Question: In the last decade...

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