Comp Final
The percentage increase that is planned for an organizational unit or company is called _____.
a planned pay-level rise
Denial of jobs, promotions, or training opportunities to qualified women or minorities are examples of _____ discrimination
access
When compared to the impact of unions during periods of strong economies, the impact of unions during periods of higher unemployment is _____.
larger
Traditionally, Japan's employment relationships were supported by _____
lifetime security within the company
The degree of discretion managers have to make total compensation a strategic tool is _____
managerial autonomy
All of the following are major factors used to manage total labor costs except _____.
number of overtime hours
The compa-ratio reflects the
relationship of the average actual salary in each range to the midpoint of the range
Research indicates that the presence of a union adds about _____ to employee benefits
30-40%
The average company match for a 401(k) retirement plan is ____ cents on the dollar up to 6 percent of pay.
50
Which of the following involves periodic adjustments based typically on changes in the consumer price index?
A COLA clause
_____ is movement through the wage ranges where seniority is specified as the basis of the movement.
Automatic progression
Susan works in a sterile laboratory that requires her to scrub and put on protective clothing. Which of the following acts determines whether she should be paid for this time?
The Portal-to-Portal Act
_____ is an example of a country with a highly decentralized approach to pay setting with little government involvement
The United States
Which of the following is based on the premise that employees on overseas assignments should have the same spending power as they would in their home country?
The balance sheet approach
In a(n) _____ pay plan, a contract is negotiated which specifies that employees hired after a given target date will receive lower wages than their higher-seniority peers working on the same or similar jobs.
two-tier
Which of the following is a reason for unions favoring gain-sharing plans?
Increased involvement with job activities
Which of the following is the most likely reason for most unions to insist on group-based performance measures with equal payouts to members?
It cuts down on strife and internal quarrels
Major factors used to manage total labor costs
average benefits costs, average cash compensation, average employment level
One of the main reasons the European Union is trying to provide common labor standards for all members is to _____.
avoid social dumping
Which of the following occupational groups are not likely to be categorized as exempt?
Clerical
_____ has produced more comparable-worth pay increases than any other approach.
Collective bargaining
Which of the following is a measure of changes in prices of goods and services in the product and service markets over time?
Customer Price Index (CPI)
In _____ type cases, the focus is on the discriminatory consequences rather than the intent to discriminate?
Disparate impact
a software package, allows workers to make health-care choices, allocate savings to 401 (k)s or other savings vehicles, and access vacation schedules.
Employee self-service
_____ prohibits discrimination on the basis of race, color, religion, sex, or national origin.
Executive Order 11246
When employees are paid more than the maximum of their pay grade, these rates are called ______ rates.
Red Circle
Which of the following is a reason for unions opposing gain-sharing plans?
Reduced need for jobs due to increased productivity
This approach sets salaries according to the home-country system and simply offers employees a one-time payment of money to offset differences in standards of living.
The lump-sum/cafeteria approach
MaxTrain Corp. recognizes that its competitor GlasWell Corp., which is unionized, offers higher wages and benefits. To avoid unionization demands from its workers, MaxTrain decides to offer the same wages and benefits to its employees as GlasWell. Which of the following phenomena is exemplified in this case?
The spillover effect
The _____ Act extends the prevailing-wage concept to manufacturers or suppliers of goods for government contracts.
Walsh-Healey
A management strategy of giving separate organization units the responsibility to design and administer their own compensation systems is
decentralized responsibility
All of the following are criteria used in determining exempt status for executives regarding overtime pay provisions except _____.
engage in semi-routine activities
A(n) _____ approach designs a total pay system at headquarters and applies it globally.
exporter
Compensatory time off would
give employers and employees the option of trading overtime pay for time off
Companies operating in nations with "collectivistic" cultures should use _____
group-based performance incentives
A French citizen working for IBM in Canada is _____
third-country national
Sometimes referred to as "churn" or "slippage," the _____ recognizes the fact that when people leave an organization, they typically are replaced by employees who earn a lower wage
turnover effect
Which method of budgeting relies heavily on employee pay histories?
Bottom-up
According to Hofstede's cultural dimensions, in Malaysia and Mexico where there is high power distance, _____ pay structures are appropriate.
hierarchical
Under Title VII
intentional discrimination is prohibited whether or not the employees in question hold the same or different jobs
Which of the following actions is most likely to be favored by unions?
introducing lump-sum awards
