Compensation

120 Questions  I  By Sbmccla
Please take the quiz to rate it.

Compensation

  
Changes are done, please start the quiz.


Question Excerpt

Removing question excerpt is a premium feature

Upgrade and get a lot more done!
1.  “Responsible for ensuring that accurate information is provided to customers” is an example of a ________________
A.
B.
C.
D.
2.  ___________ are to certification process as job evaluation is to factor degrees and weights.
A.
B.
C.
D.
3.  Compensation should reinforce all but which of the following behaviors?
A.
B.
C.
D.
4.  Which of the following is not a manager’s role in career management?
A.
B.
C.
D.
5.  Organizations in a turbulent and unpredictable environment requiring flexibility in jobs and work processes are likely to be more successful with a ________________ internal pay structure.
A.
B.
C.
D.
6.  A team leader with a free rider problem could maximize performance by _____________
A.
B.
C.
D.
7.  _____________ is the process of systematically determining the relative worth of jobs for the purpose of creating an organization’s job structure.
A.
B.
C.
D.
8.  Broad, generic job descriptions increase the flexibility of a job structure.
A.
B.
9.  Research shows that employees tend to ________ the actual pay of those in jobs above them and _______ the pay of those below them.
A.
B.
C.
D.
10.  In practice, pay differentials and pay levels mean basically the same thing.
A.
B.
11.  If San Diego has a CPI of 165 and Los Angeles has a CPI of 145, this means
A.
B.
C.
D.
12.  All of the following except ___________ is an important factor in defining a market for compensation purposes.
A.
B.
C.
D.
13.  Which of the following is not an objective of external competitiveness pay decisions?
A.
B.
C.
D.
14.  An organization that has a match (pay) policy will pay its employees
A.
B.
C.
D.
15.  In gain sharing plan formulas, ______________ is(are) the numerator and ____________ the denominator.
A.
B.
C.
D.
16.  A company using a skill-based pay system prices the job of lead assembler at between $10 and $22 per hour. Survey data showed the job assembler averaged $10 per hour and the job of assembly supervisor at $22 per hour. The company was using the _________ method of job matching.
A.
B.
C.
D.
17.  Organizations using performance appraisal systems tied to both pay increases and promotions, _______________ than organizations without such a system.
A.
B.
C.
D.
18.  From discussion of the behavior = f (M, A, E) model, one may conclude that while other HR functions are important, compensation has the greatest effect on influencing employee behavior.
A.
B.
19.  ________is the process by which employees progress through a series of stages, each characterized by a different set of developmental tasks, activities, and relationships.
A.
B.
C.
D.
20.  Most organizations pay about the same for the same job requiring similar education and experience.
A.
B.
21.  Reliability of job evaluations may be measured by:
A.
B.
C.
D.
22.  The purpose of collecting data on number of employees in a pay survey is to ____________
A.
B.
C.
D.
23.  The answer to the question of how many firms to include in a pay survey is __________
A.
B.
C.
D.
24.  When job analysis shows managers and employees disagree on parts of a job, what is the best answer?
A.
B.
C.
D.
25.  A market pay line _________
A.
B.
C.
D.
26.  In which of the following pay-mixes are bonuses and options the smallest?
A.
B.
C.
D.
27.  The second step of the career management process is ______
A.
B.
C.
D.
28.  The generational age cohorts have very different desires for security and the ability to balance work and personal life.
A.
B.
29.  Benchmark jobs have all of the following characteristics except ___
A.
B.
C.
D.
30.  An inclusive categorization of total returns includes:
A.
B.
C.
D.
31.  A company changes its strategy to be more “lean” and efficient. What if anything should the company do about the compensable factor “scope of responsibility” that is measured by number of subordinates?
A.
B.
C.
D.
32.  All of the following are advantages of the ranking method of job evaluation except ___________
A.
B.
C.
D.
33.  The primary sources of the race/ethnic pay gap are differences in __________
A.
B.
C.
D.
34.  Which of the following is not a legitimate reason why a como-ration may be less than 1?
A.
B.
C.
D.
35.  Because employers are raising employee pay at various times during the year, survey data must be updated using a process called _______ or __________
A.
B.
C.
D.
36.  ________________ theory is the most influential in explaining pay-level differences.
A.
B.
C.
D.
37.  A key factor in increasing trust in top management is ____________
A.
B.
C.
D.
38.  Which of the following is not an advantage of team incentives?
A.
B.
C.
D.
39.  The best single compensable factor for creating a job structure, is ________
A.
B.
C.
D.
40.  One of the best ways to ensure that job evaluation plans are as free from sex bias as possible is _______________
A.
B.
C.
D.
41.  All of the following except _________ are provisions of the 1938 Fair Labor Standards Act.
A.
B.
C.
D.
42.  Managers seek internal alignment within their organization by:
A.
B.
C.
D.
43.  Questions such as should a job be paid at a flat rate and should pay for performance be emphasized are part of which pay policy choice?
A.
B.
C.
D.
44.  The method of job analysis claimed to be able to analyze any job is __________
A.
B.
C.
D.
45.  A compensable factor of effort has a weight 30% and has two sub-factors, physical and mental. Mental has a degree rating of 4. How many points does the mental effort receive?
A.
B.
C.
D.
46.  Common bases for modern pay structures include all but which of the following?
A.
B.
C.
D.
47.  The process of multiplying survey data by some factor judged to reflect the difference between a survey benchmark job and a company job is called _______________
A.
B.
C.
D.
48.  Skill-based plans tend to work best in organizations using ________________ strategy. 

A.
B.
C.
D.
49.  The pay policy associated with increased productivity is ___________
A.
B.
C.
D.
50.  The common feature to all types of incentive plans is ____________
A.
B.
C.
D.
51.  Which of the following is not a generic compensable factor used to determine equal work in the Equal Pay Act?
A.
B.
C.
D.
52.  Which of the following is not a factor in defining equal work in the Equal Pay Act?
A.
B.
C.
D.
53.  In the pay model, costs are to management as __________ is to alignment.
A.
B.
C.
D.
54.  Research on efficiency wage theory shows ______________
A.
B.
C.
D.
55.  Which of the following pay structure procedures would not increase perceptions of pay fairness?
A.
B.
C.
D.
56.  “Does the analysis create an accurate perception of the work?” is a question answered by ______________ .
A.
B.
C.
D.
57.  Turnover rates and quality of job candidates are examples of measures of success of career management systems.
A.
B.
58.  Which of the following wage components has the clearest line of sight for employees?
A.
B.
C.
D.
59.  Sixty percent of all age groups rated __________as reasons for staying with a company. 
A.
B.
C.
D.
60.  All but one of the following is true of protean careers. Name the exception.
A.
B.
C.
D.
61.  Which of the following is not one of the steps in establishing a comparable worth pay plan?
A.
B.
C.
D.
62.  5. The pay for the job of accountant in London, Los Angles and Berlin is likely to be different due to
A.
B.
C.
D.
63.  Disadvantages of individual incentive plans include all but _________
A.
B.
C.
D.
64.  The study referred to in the text on how managers make wage adjustment decisions found:
A.
B.
C.
D.
65.  One of the best reasons to involve employees and supervisors in the job analysis process is to ___________________
A.
B.
C.
D.
66.  Which of the following are not advantages or characteristics of broad bands?
A.
B.
C.
D.
67.  The primary criterion for scaling compensable factors is use the number of degrees necessary to distinguish among jobs.
A.
B.
68.  Which form of pay is likely to be least expensive for employers?
A.
B.
C.
D.
69.  The main advantage of skill-based pay plans is _____
A.
B.
C.
D.
70.  If Company A raises its pay rate one dollar per hour to hire additional workers and competitors immediately match the increase, what is the most likely result?
A.
B.
C.
D.
71.  Which of the following is not one of the major decisions in job analysis?
A.
B.
C.
D.
72.  In a _______ approach in a compensation communication program, the focus is on explaining practices and how pay is determined.
A.
B.
C.
D.
73.  According to expectancy theory, effort level depends on which of these factors?     (1)  expectancy      (2)  valence      (3)  instrumentality      (4)  reward      (5)  goals
A.
B.
C.
D.
74.  _______________ is preferable to most employees.
A.
B.
C.
D.
75.  __________________ addresses how pay design and administration issues are made and the consistency of pay procedures.
A.
B.
C.
D.
76.  ______________ are most likely to seek lower labor costs?
A.
B.
C.
D.
77.  Which of the following occupational groups are not likely to be categorized as exempt.
A.
B.
C.
D.
78.  Because relatively few people are paid minimum wage, raising the minimum wage does not affect pay structures.
A.
B.
79.  ______________ refers to rules and procedures that determine pay for different jobs in an organization and allocates employees among these jobs.
A.
B.
C.
D.
80.  An inappropriate way to assess the acceptability of a job evaluation plan and its resulting job structure is __________________.
A.
B.
C.
D.
81.  All of the following except _______ are factors affecting the size of an average wage level increase.
A.
B.
C.
D.
82.  All but which of the following affects reliability of job analysis?
A.
B.
C.
D.
83.  A(n)_____ circle rate is if an employee were given a pay raise indicated by the merit increase rate, their new pay would be a _____ circle rate.
A.
B.
C.
D.
84.  Growing evidence suggests that the major effect of skill-based pay is ______________
A.
B.
C.
D.
85.  The most common bases for determining internal structures are:
A.
B.
C.
D.
86.  Regarding pay differences for different jobs, ________
A.
B.
C.
D.
87.  A hospital would most likely have one job evaluation plan rather than multiple plans because a single plan best fits the workflow.
A.
B.
88.  “Essential elements” refers to _______________
A.
B.
C.
D.
89.  Competencies are better at ____________ than _______
A.
B.
C.
D.
90.  If you were seeking a job, which of the following is most likely to offer the highest pay?
A.
B.
C.
D.
91.  The expectations that employers and employees have about each other is called a
A.
B.
C.
D.
92.  A career is defined as _______
A.
B.
C.
D.
93.  The minimum wage that must be paid for work done on covered government projects or purchases is defined by the government as the ___________ wage.
A.
B.
C.
D.
94.  Which of the following has the greatest effect on a planned level rise when an organization has problems with their ability to pay?
A.
B.
C.
D.
95.  _________________ offer(s) a reward pool based upon achieving performance targets and communicates organizational priorities.
A.
B.
C.
D.
96.  Employee A received the highest performance rating, has a comp-ration of 1.2, and received a pay increase of 10 percent. Employee B received the highest performance rating and has a comp-ration of .90. Given the way most merit increase grids work, what size pay increase would you expect Employee B to receive?
A.
B.
C.
D.
97.  The pay policy choice with the greatest effect on employee perceptions of fairness of pay with other workers in their organization is:
A.
B.
C.
D.
98.  In a skill-based pay system, workers with greater seniority and experience receive higher pay.
A.
B.
99.  Job analysis is important for both managers and employees because it is
A.
B.
C.
D.
100.  The primary reason compensation is important to managers is because:
A.
B.
C.
D.
101.  Which of the following is not an appropriate basis for evaluating the worth of jobs to an organization?
A.
B.
C.
D.
102.  You have just read a research article about the effects of a type of lottery to reduce absenteeism. Which of the following factors are least relevant for judging the value of the research?
A.
B.
C.
D.
103.  The most common approach to managing labor costs is
A.
B.
C.
D.
104.  Employers were more likely to offer bonuses, gain-sharing and stock options after the passage of _____________
A.
B.
C.
D.
105.  Which of the following is not true?
A.
B.
C.
D.
106.  All but which of the following is a condition supporting use of individual incentives?
A.
B.
C.
D.
107.  Which of the following is least likely to be used as a skill-based certification method?
A.
B.
C.
D.
108.  All of the following are examples of embedded or inherent controls except
A.
B.
C.
D.
109.  Straight piecework is to Taylor differential piece-rate as standard hour plan is to ________________
A.
B.
C.
D.
110.  The most important factor determining success of a skill-based pay plan is ______________________
A.
B.
C.
D.
111.  Factors such as shift differential, temporary assignment and training programs are examples of __________
A.
B.
C.
D.
112.  The concept of comparable worth has been implemented in a few state and municipal governments.
A.
B.
113.  Performance appraisals provide information most relevant to _________
A.
B.
C.
D.
114.  Which of the following is not a characteristic of a benchmark job.
A.
B.
C.
D.
115.  ____________ sets a maximum pay level an employer can pay.
A.
B.
C.
D.
116.  In the regression equation, y =a + bx, job evaluation points are ___
A.
B.
C.
D.
117.  Theories dealing with exchange include ____________
A.
B.
C.
D.
118.  Which of the following is not true of lump-sum bonuses? 
A.
B.
C.
D.
119.  The percent of companies using some form of variable pay is declining because many employees prefer base wages.
A.
B.
120.  ______________ is the belief that when a specified level of job performance is attained, the employee will receive a specified reward.
A.
B.
C.
D.
Back to top

Removing ad is a premium feature

Upgrade and get a lot more done!
Take Another Quiz
We have sent an email with your new password.