Bus 471 Quiz 7 Test 2

Which of the following occupational groups are not likely to be categorized as exempt?

Clerical

_____ prohibits discrimination on the basis of race, color, religion, sex, or national origin.

Executive Order 11246

Changes in the CPI only indicate whether prices have increased more or less rapidly in an area since the base period.

False

The purpose of minimum wage legislation is to maximize the number of employed people.

False

Under the __________ act, employers are liable for current pay differences the occurred as a result of discrimination years in the past.

Lilly Ledbetter Fair Pay

Many employers achieve flexibility and control employment costs by utilizing contingent workers rather than expanding and contracting the core workforce.

True

Compensatory time off would ____.

give employers and employees the option of trading overtime pay for time off

A _____ rate is when an employee is paid more than the maximum of their pay grade.

red circle

The compa-ratio reflects the _____.

relationship of actual salaries in each range to the midpoint of the range

Experience, training, education, and ability as measured by the performance requirements of a particular job are the Department of Labor's definition of ____.

skill

Pay and pay policies are more open in the public than the private sector.

True

The objective of the overtime provision of FLSA is to share available work by making it more costly for employers to schedule overtime for current employees than to hire.

True

In _____ type cases, the focus is on the discriminatory consequences rather than the intent to discriminate?

disparate impact

Changes in wages in labor markets are measured _____.

through pay surveys

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

Under the _____ Act, executives cannot retain bonuses or profits from selling company stock if they mislead the public regarding their company's financial condition.

Sarbanes-Oxley

Which of following is a legitimate reason why a compa-ratio may be less than 1?

The majority of employees may be new or recent hires

A "living wage" provides for a minimum wage tailored to living costs in a city or geographic area.

True

If an organization has a number of red circle pay rates, this suggests problems with pay ranges and/or job evaluations.

True

If federal and state minimum wage laws cover the same job, workers should be paid at or above the higher rate.

True