HRM Chapter 2 (Ch.9)
Which of the following is an example of a nonfinancial compensation
Employee recognition programs
The HR department at CompteOrg has been tasked with completing job evaluations of all positions to ensure that wages are properly aligned. They will be using several different methods to complete this process. For which category of jobs should they use the Hay profile method?
Executive and managerial positions
Which of the following falls outside of what is considered pay-for-performance?
Merit pay
Employees' anticipation that greater work effort will result in a valued reward forms the basis of
expectancy theory
CompteOrg has spent a lot of time collecting wage and salary survey data from the relevant job markets for each of its positions. They are most likely trying to maintain
external equity
Jamie and Blake are both line workers at CompteOrg. This week, they each worked 40 hours. Jamie produced 83 units this week, and Blake produced 71 units. Jamie received higher pay for the week than Blake did. Jamie and Blake are compensated based on
hourly work.
The Hay profile method uses which three factors for evaluating jobs?
knowledge, accountability, and mental ability
Pay compression most often occurs when
less experienced, often junior employees, earn as much or more than experienced employees due to high starting salaries for new employees.
In conducting a wage and salary survey for office personnel, the relevant labor market to be surveyed is most likely
national
Employees covered by the overtime provisions of the Fair Labor Standards Act are labeled.
nonexempt employees.
Employee recognition programs, rewarding jobs, organizational support, work environment, and flexible work hours to accommodate personal needs all fall within the category of
nonfinancial compensation.
Employees whose compensation is calculated on the basis of weekly, biweekly, or monthly periods are classified as
salaried employees.
Which of the following is an external factor that can influence the rates at which employees are paid?
the cost of living
Which of the following is an internal factor that can influence the rates at which employees are paid?
the employer's ability to pay
Under the Fair Labor Standards Act, exempt employees
are those employees not covered by the overtime provisions of the act.
Employees at CompteOrg often sign up for classes or additional training because such activities can lead to pay raises even when their actual job titles or positions do not change. This is an application of a
competence-based pay plan.
Employee wages and salaries, incentives, bonuses, and commissions are part of
direct compensation.
When the organization pays wages that are relatively equal to that of other employers for similar work, it is the basis of
equal pay.
The employees at CompteOrg are meeting or exceeding their goals, and they consistently get positive reviews. However, competition has forced down prices on the goods CompteOrg produces, thereby reducing the firm's income. In this situation, pay levels may be limited by
the employer's ability to pay.
A quantitative job evaluation procedure that determines a job's relative value on the basis of quantitative assessments of specific job elements is known as
the point system
Maddox is a clerk at CompteOrg in an entry level position and consistently gets positive evaluations for work done. Maddox loves the job and has no desire to be promoted into another position within the company. In this situation, Maddox's pay level may be limited by
the worth of the job
Pay-for-performance programs
tie rewards to employee effort