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________ pay is defined as added pay for employees that have reached pay range
maximums and are unlikely to move into higher grades.
A) Longevity
B) Merit
C) Seniority-based
D) Incentive
What does Quartile 3 represent?
A) figures that are above 25%
B) figures that fall below 25%
C) figures that are above 75%
D) figures that fall below 75%
Which of the following is associated with Roth 401(k) plans?
A) Employees pay taxes on their contribution.
B) Employees do not pay taxes on their contributions.
C) Investment gains are taxed.
D) Employees can deduct their contributions from post taxable income.
This clearly defines the relative value of each job among all jobs within a company.
A) internally consistent compensation system
B) generalized work activities
C) intra-organizational job markers
D) market comparison standards
This appraisal system is the most defensible in court because it is based on observable
job performance behaviors.
A) behaviorally anchored rating scales
B) 360 degree performance appraisals
C) paired comparison
D) forced distribution
Mary is a U.S. expatriate who is assigned to work in Belgium. In order to avoid double
income taxation and maintaining residences in the United States and in Belgium, which
approach will not place her at a financial disadvantage?
A) the balance sheet approach
B) the cost comparison approach
C) the weights and measurements approach
D) the retrospective approach
Which of the following would be considered a hardship location (due to dangerous
conditions)?
A) Baghdad, Iraq
B) Basel, Switzerland
C) Oslo, Norway
D) Brisbane, Australia
Which of the following is a limitation of engaging contingent workers?
A) Contingent workers' productivity, if not employed long enough, rates low.
B) Regular, full-time employees may reduce their productivity.
C) Contingent workers' productivity probably exceeds regular employees' productivity.
D) Productivity differences between contingent workers and regular employees are not
evident.
The decline in union influence can be explained by which of the following reasons?
A) a greater sense of social responsibility in today's society
B) lower educational attainment of the workforce
C) the cooperative nature of the union and management relationship in Germany
D) foreign automobile manufacturers producing higher quality vehicles
________ refers to the design and implementation of compensation systems to reinforce
the objectives of both HR strategies and competitive business strategies.
A) Extrinsic compensation
B) Strategic compensation
C) Strategic analysis
D) Intrinsic compensation
If the company adopts a market lead policy, how will that company's pay range
midpoint compare to the market average?
A) The midpoint will be the same as the market average.
B) The midpoint will be higher than the market average.
C) The midpoint will be lower than the market average.
D) There is not enough information to make this determination.
PPACA has mandated that the "donut hole," which is the gap in Medicare Part D
prescription drug coverage, must decrease each year until it reaches no more than which
of the following?
A) 10 percent of the prescription drug medication cost
B) 15 percent of the prescription drug medication cost
C) 20 percent of the prescription drug medication cost
D) 25 percent of the prescription drug medication cost
Which evaluation system requires that supervisors compare each employee to every
other employee?
A) forced distribution
B) hierarchical
C) paired comparison
D) critical incident technique
Which of the following is true about the level of risk involved with incentive pay?
A) It decreases as incentive pay represents a greater proportion of total core
compensation.
B) It is lower for higher-level employees than for lower-level employees.
C) It depends on the extent to which employees control the attainment of a desired goal.
D) It is dependent on subjective performance appraisals.
Which of the following costs is NOT associated with the use of person-focused pay
programs?
A) payroll
B) overhead
C) training
D) recruitment
Which of the following would be considered as an advantage of broadbanding?
A) Creation of broad bands lessens employees' job duties and responsibilities.
B) Reduced organizational hierarchies support flexibility.
C) Creation of management layers promotes quicker decision making.
D) Increased responsibility requires supervisors to more closely administer pay.
Why do health reimbursement accounts (HRAs) appeal to employees with low salaries
or hourly wages?
A) The contribution of employees is on a pretax basis.
B) Employees have the option not to contribute to an HRA.
C) Employees forfeit unused balances at the end of a year.
D) HRAs permit employees to carry unused balances from year to year.
Gunther Rohn was rewarded for making a suggestion that saved Ewe and Eye
Electronics thousands of dollars. Which type of incentive compensation approach might
have worked best?
A) group incentive programs
B) gain sharing plan
C) management incentive plans
D) employee stock ownership plan
Prior to Juanita's first overseas assignment, she was told that she would receive a
foreign service premium. Juanita will be on assignment for at least how long?
A) 12 months
B) 6 months
C) 3 months
D) 24 months
This section concisely summarizes the job with two to four descriptive statements.
A) job summary
B) job duties
C) job titles
D) job preview
Which of the following is a consideration regarding higher minimum wages in China?
A) positive impact on foreign companies' interest in relocating to China
B) negative impact on companies because of slower economic growth
C) positive impact on export activity
D) negative impact on labor-management relations
