MAN 3301 Exam 3

How many days of paid vacation are organizations REQUIRED to provide by United States law?

0

You need to take time off to care for your sick mother. How much unpaid leave are you allowed by federal law?

12 weeks

The Fair Labor Standards Act of 1938 covers all of the following EXCEPT: child labor minimum wage immigration overtime pay

Immigration

Jill is fired after being promised job security. What principle has been violated?

Implied contract

Eric's Electronics is determining the worth of the various jobs in the organization. What is this called?

Job evaluation

What type of "market" includes organizations that hire similar types of employees?

Labor market

What are two possible costs of involuntary turnover but not voluntary turnover?

Lawsuits and workplace violence

What are the four types of alternative dispute resolution listed in the textbook?

Open-door policy, peer review, mediation, and arbitration

Priscilla feels that the consequences or results of her company's decisions are just. What type of fairness is this?

Outcome fairness

Jose doesn't understand what tasks or responsibilities are expected from him. What is he experiencing?

Role ambiguity

What is the informal name of the Old Age, Survivors, Disability, and Health Insurance program?

Social Security

Which ONE of the following is REQUIRED by United States law?

Unpaid family & medical leave

What two types of required insurance are influenced by an employer's "experience rating"?

Worker's compensation insurance and unemployment insurance

How many paid holidays must U.S. companies provide their employees, by federal law?

Zero

Companies pay different amounts of unemployment insurance and workers compensation insurance depending on their:

experience ratings

If I believe that my outcomes/inputs ratio is the same as your outcomes/inputs ratio, then I will feel:

fairly paid

On average, full-time working women earn __________________ full-time working men, according to the Bureau of Labor Statistics.

less than

According to equity theory, people compare their inputs and outcomes to:

others' inputs and outcomes

Which style of plan allows employees to choose the types and amounts of benefits they want for themselves from a given set of alternatives?

Cafeteria

Sue chooses dental and life insurance. Bill chooses vision insurance and a retirement account. What type of plan is this, that lets people choose the types and amounts of benefits?

Cafeteria-style

To set pay for different jobs, your company decided that experience, education, and complexity are important issues. What are these three issues called?

Compensable factors

One type of UCF retirement plan specifies (defines) the monetary amount that faculty will receive upon retirement. What type of plan is this?

Defined benefit plan

Which type of retirement plan guarantees (i.e., defines) a specified amount of income that employees will receive when they retire?

Defined benefit plan

IBM created 10 broad bands of pay instead of 24 salary grades, to decrease complexity of compensation. What is this called?

Delayering

Which U.S. law states that people who do the same work should receive the same pay?

Equal Pay Act

Which of the following is REQUIRED by United States law?

Equal pay for equal work is required

What theory involves comparing my outcomes/inputs to your outcomes/inputs?

Equity theory

Your company surveys employees about their satisfaction with their pay, their tasks, and their schedule. What are these called?

Facets