HRM Chapter 2 (Ch.9)

Ace your homework & exams now with Quizwiz!

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


Related study sets

Strategic Communications - Chapter 3.

View Set

Bio 131 Regulation of Gene Expression Weeks 10/11 Lecture 1

View Set

NUR 108 Test 2 Perry & Potter After Chapter Quiz ?'s

View Set

Chapter 2: Solids, Liquids, and Gases

View Set

AC Exam #16 - Project Delivery Methods

View Set