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SHRM test 1 ch 11
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| Question | Answer |
|---|---|
| Pay level is: A) avg pay, including wages, salaries, & bonuses, of jobs in an org B) administrative procedure used to measure internal job worth. C) relative pay of different jobs & how much they are paid. D)relative pay of jobs in an org | the average pay, including wages, salaries, and bonuses, of jobs in an organization |
| ___theory suggests that people evaluate the fairness of their situations by comparing them with those of other people. A) Expectancy B) Equity C) Agency D) Efficiency wage | equity |
| The amount an organization must pay to compete against other companies that hire similar employees is: A) range spread. B) pay policy line. C) labor market competition. D) product market competition. | labor market competition |
| Jobs that are unique to organizations and that cannot be directly valued or compared through the use of market surveys are: A) benchmark jobs. B) primary jobs. C) key jobs. D) nonkey jobs. | nonkey jobs |
| A mathematical expression that describes the relationship between a job's pay and its job evaluation points is a: A) lead policy. B) pay policy line. C) pay grade. D) compa-ratio. | pay policy line |
| Jobs of similar worth or content grouped together for pay administration purposes are: A) pay grades. B) pay policy lines. C) pay levels. D) pay structures | pay grades |
| Actual pay exceeds that of the pay policy when the compa-ratio is: A) equal to 1.00. B) greater than 1.00. C) equal to zero. D) less than 1.00 | greater than 1.00 |
| _____ pay systems seem to fit well with the increased breadth and depth of skill that changing technology continues to bring. A) Variable merit-based B) Knowledge-based C) Competency-based D) Skill-based | skill based |
| Which of the following is a disadvantage of skill-based pay? A) Decreased worker flexibility B) Large bureaucracy C) Centralization of decision making D) Employees have a narrow view of how the organization functions | Large bureaucracy |
| Which of the following is the major component of CEO pay? A) Long-term compensation B) Short-term compensation C) Cash compensation D) Salary | Long-term compensation |
| The __ put into place new enforcement standards in 2006 that prohibit race or sex-based compensation discrimination. A) General Services Administration B) Social Security Administration C) Department of Justice D) Department of Labor | department of labor |
| Which states that employers may face claims in situations where a discriminatory decision was made years earlier? A) The Fair Labor Standards B) The Fraud Enforcement and Recovery C) The Lilly Ledbetter Fair Pay D) The Employment Non-Discrimination | The Lilly Ledbetter Fair Pay Act |
| Which group of employees is exempt from the Fair Labor Standards Act? A) Police B) Firefighters C) Administrative employees D) First responders | Administrative employees |
| correct statement about nonexempt occupations. A) Employees aren't covered by the Fair Labor Standards Act. B)include most hourly jobs. C) Employees aren't eligible for overtime pay D) Nonexempt status depends on job responsibilities and salar | they include ost hourly jobs |
| Which act covers all government contractors receiving $10,000 or more in federal funds? A) The 1908 Federal Employers Liability Act B) The 1931 Davis-Bacon Act C) The 1936 Walsh-Healy Public Contracts Act D) The 1938 Fair Labor Standards A | The 1936 Walsh-Healy Public Contracts Act |