HRMG 4380 Chapter 11

A​ ________ is the right to purchase company stock at a predetermined price. A. salary plan B. stock option C. standard hour plan D. commission plan E. merit pay plan

B. Stock Option

Under the Pregnancy Discrimination​ Act, pregnancy and childbirth must be treated as​ ________. A. any other disability B. an illness C. a​ long-term disability D. ​workers' compensation E. a need for light duty

A. Any other disability

Which of the following ensures that employers and medical providers follow privacy rules for health​ information? A. Health Insurance Portability and Accountability Act​ (HIPAA) B. Newborn​ Mother's Protection Act C. Pregnancy Discrimination Act D. Employee Retirement Income Security Act​ (ERISA) E. Consolidated Omnibus Budget Reconciliation Act​ (COBRA)

A. Health Insurance Portability and Accountability Act (HIPPA)

John is paid the same amount every two​ weeks, regardless of the number of units he sells or how many hours he works. John is employed under a​ ________. A. salary plan B. standard hour plan C. stock option D. commission plan E. merit pay plan

A. Salary Plan

Which of the following provides benefits for someone who is unable to work through no fault of his or her​ own? A. Unemployment insurance compensation B. Vacation and holiday pay C. Sick leave D. Total rewards E. Supplemental pay benefits

A. Unemployment Insurance Compensation

Which of the following sets minimum standards for voluntarily established pension and health​ plans? A. Pregnancy Discrimination Act B. Employee Retirement Income Security Act​ (ERISA) C. Newborn​ Mother's Protection Act D. Consolidated Omnibus Budget Reconciliation Act​ (COBRA) E. Health Insurance Portability and Accountability Act​ (HIPAA)

B. Employee Retirement Income Security Act (ERISA)

Fred earns​ $1.00 for each unit produced. Fred is being paid under which​ system? A. Merit pay B. Piecework C. Variable pay D. Productivity E. Standard hour plan

B. Piecework

Which of the following provides pay to employees when they are out of work due to an illness such as strep​ throat? A. Supplemental pay benefits B. Sick leave C. Unemployment insurance compensation D. Total rewards E. Vacation and holiday pay

B. Sick Leave

Which of the following pays monthly payments to employees who become totally​ disabled? A. Unemployment insurance compensation B. Social Security C. Pension plans D. Severance pay E. ​Workers' compensation

B. Social Security

Various pay for time not worked is called​ _______. A. vacation and holiday pay B. supplemental pay benefits C. unemployment insurance compensation D. sick leave E. total rewards

B. Supplemental Pay Benefits

​A(n) ________ pays each person the same amount based on the performance of the team. A. commission plan B. team incentive plan C. gainsharing plan D. profit sharing plan E. employee stock ownership plan

B. Team Incentive Plan

In a​ ________, the​ employee's pension is​ specified, and the employee knows what pension benefits to expect upon retirement. A. contributory plan B. defined contribution plan C. defined benefit plan D. nonqualified plan E. qualified plan

C. Defined Benefit Plan

A​ ________ specifies what contributions the employee and the employer will make to the​ employee's retirement fund. A. contributory plan B. defined benefit plan C. defined contribution plan D. qualified plan E. nonqualified plan

C. Defined Contribution Plan

Which of the following typically becomes part of the​ employee's base​ salary? A. Piecework B. Productivity C. Merit pay D. Standard hour plan E. Variable pay

C. Merit Pay

Which of the following are plans in which all or most employees can​ participate, and that generally tie the reward to some measure of​ company-wide performance? A. Team incentive plan B. employee stock ownership plan C. ​organization-wide incentive plan D. profit sharing plan E. gain sharing plan

C. Organization-Wide Incentive Plan

Which of the following is the ratio of outputs divided by the​ inputs? A. Standard hour plan B. Piecework C. Productivity D. Merit pay E. Variable pay

C. Productivity

Which of the following makes executives and board of director members personally liable for violating their fiduciary responsibilities to their​ shareholders? A. Equal Pay Act B. ​Walsh-Healey Public Contract Act C. ​Sarbanes-Oxley Act D. ​Davis-Bacon Act E. Fair Labor Standards Act

C. Sarbanes-Oxley Act

A​ ________ pays only for results and is likely to attract high performers. A. merit pay plan B. stock option C. salary plan D. commission plan E. standard hour plan

D. Commission Plan

Which of the following is a discretionary​ benefit, not required by federal or most state​ laws? A. Leave under the Family Medical Leave Act B. ​Workers' compensation C. Unemployment insurance D. Life insurance E. Social Security

D. Life Insurance

Profit sharing plans are an example of​ ________. A. Standard hour plan B. Golden parachute C. Merit pay D. Variable pay E. Annual bonus

D. Variable Pay

Which of the following provides pay and medical benefits to employees who are injured in​ work-related incidents? A. Vacation and holiday pay B. Supplemental pay benefits C. Unemployment insurance compensation D. ​Workers' compensation E. Severance pay

D. Workers' Compensation

Which of the following requires that employers have written pension plan​ documents? A. Pension Benefits Guarantee Corporation​ (PBGC) B. Health Insurance Portability and Accountability Act​ (HIPAA) C. Vested funds D. Consolidated Omnibus Budget Reconciliation Act​ (COBRA) E. Employee Retirement Income Security Act​ (ERISA)

E. Employee Retirement Income Security Act (ERISA)

Which of the following disallows incentives for new mothers to shorten their hospital stay below the legislated minimum​ stay? A. Pregnancy Discrimination Act B. Employee Retirement Income Security Act​ (ERISA) C. Consolidated Omnibus Budget Reconciliation Act​ (COBRA) D. Health Insurance Portability and Accountability Act​ (HIPAA) E. Newborn​ Mother's Protection Act

E. Newborn Mother's Protection Act

Which of the following is NOT an example of a personal services​ benefit? A. Social and recreational opportunities B. Credit unions C. Employee assistance D. Educational subsidies E. Retirement benefit

E. Retirement Benefit

Which of the following does Costco use to measure employee​ engagement? A. Attitudes B. Employee surveys C. Sales D. Town hall meetings E. Turnover

E. Turnover