HRM 300 Week 5 Quiz | Assignment Help | University Of Phoenix
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- 17 Dec 2020
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HRM 300 Week 5 Quiz | Assignment Help | University Of Phoenix
Question 1
________ refers to all
forms of pay or rewards going to employees and arising from their employment.
o
Benefits
o
Employee reimbursement
o
Salary
o
Employee compensation
Question 2
All of the following
issues are addressed by the Fair Labor Standards Act EXCEPT ________.
o
Record-keeping
o
Overtime pay
o
Termination
o
Minimum wage
Question 3
Jill works as a cashier
at a grocery store. She earns $10 an hour (or $400 for a 40-hour week). Last
week, she worked 46 hours. What is the minimum amount that Jill earned last
week?
o
$520
o
$430
o
$460
o
$490
Question 4
Which of the following
is TRUE for employers who use independent contractors?
o
Fair Labor Standards Act overtime
requirements do not apply.
o
Payroll taxes are paid by the employer.
o
Federal income taxes are charged at a
reduced rate.
o
Social Security taxes are higher than
for regular employees.
Question 5
Unions typically
negotiate all of the following issues EXCEPT ________.
o
Time off with pay
o
Wage rates
o
Income security
o
Unpaid medical leave
Question 6
Which of the following
terms refers to a compensation plan that advances a firm's strategic goals?
o
Strategic management
o
Workers' compensation package
o
Performance pay plan
o
Aligned reward strategy
Question 7
External equity refers
to ________.
o
how a job's pay rate in one company
compares to the job's pay rate in other companies
o
The perceived fairness of the processes
and procedures used to make decisions regarding the allocation of pay
o
How fair the job's pay rate is when
compared to other jobs within the same company
o
The fairness of an individual's pay as
compared to what his or her co-workers are earning for the same or very similar
jobs within the company, based on each individual's performance
Question 8
Internal equity refers
to ________.
o
The fairness of an individual's pay as
compared to what his or her co-workers are earning for the same or very similar
jobs within the company, based on each individual's performance
o
The perceived fairness of the processes
and procedures used to make decisions regarding the allocation of pay
o
How a job's pay rate in one company
compares to the job's pay rate in other companies
o
How fair the job's pay rate is when
compared to other jobs within the same company
Question 9
What type of pay plan
is being used when workers are paid a sum for each unit they produce?
Job-based pay
Competency-based pay
Piecework
Base pay
Question 10
Which term refers to a
compensation plan that includes traditional pay, job design, career
development, and recognition?
o
Talent-management salaries
o
Competency-based pay
o
Point method
o
total rewards
Question 11
Financial benefits like
employer-paid insurance and vacations are not a part of employee compensation.
o
True
o
False
Question 12
When nonexempt
employees work more than 40 hours per week, employers must pay overtime at a
rate of at least one-and-a-half times the normal pay for any hours worked over
40 in a workweek.
o
True
o
False
Question 13
The Equal Pay Act
states that employees of one sex may not be paid wages at a rate lower than
that paid to employees of the opposite sex for doing roughly equivalent work.
o
True
o
False
Question 14
The provision of the
Family and Medical Leave Act that entitles employees to take up to 12 weeks of
unpaid, job-protected leave for the birth of a child only applies to women.
o
True
o
False
Question 15
External equity refers
to how fair the job's pay rate is when compared to other jobs within the same
company.
o
True
o
False
Question 16
Which of the following
terms refers to any salary increase the firm awards to an individual employee
based on his or her individual performance?
o
Incentive pay
o
Competency-based pay
o
Variable pay
o
Merit pay
Question 17
According to research,
which of the following has a significant impact on employee engagement?
o
Variable pay plans
o
Awards
o
Performance reviews
o
Job design
Question 18
The indirect financial
and nonfinancial payments employees receive for continuing employment with the
company are called ________.
o
Benefits
o
Employee compensation
o
Salary
o
Reimbursement
Question 19
Which term refers to
the money that an employer and employee have placed in the employee's pension
fund that cannot be forfeited for any reason?
o
Stock options
o
vested funds
o
Thrift plans
o
Cash balance funds
Question 20
Kim works a 4-day
workweek that consists of 10-hour days. Kim's employer most likely offers
________.
o
Telecommuting options
o
Flexitime schedules
o
Job sharing
o
Compressed workweeks
USA 
India