OL 211 Week 5 Quiz

 OL 211 Week 5 Quiz | Assignment Help | southern-new-hampshire-university

Attempt 1

A formal statement of compensation policy would typically include the rate of pay within the organization and whether it is to be above, below, or at the prevailing market rate.

Question options:

o   True

o   False

Question 2                

In a defined-contribution pension plan, the amount an employee is to receive upon retirement is specifically set forth.

Question options:

o   True

o   False

Question 3                

A critical concern for a successful pay-for-performance system is the perceived fairness of the pay decision.

Question options:

o   True

o   False

Question 4                

The area from which employers obtain certain types of workers is known as the:

Question options:

o   labor market

o   region

o   recruiting area

o   supply region

Question 5                

Employer-sponsored child-care programs and elder-care programs are similar because:

Question options:

o   under both programs, most of the caregivers are men

o   both types of programs typically offer on-site care facilities to the employees who bring their wards to the workplace

o   both programs try to maintain or increase productivity by assisting employees with their responsibilities outside the workplace

o   both programs offer substantial income tax benefits to employees