HRM 531 QUIZ 2

In the United States, salary discussions among employees are protected under

•	2
__________ is not legally required, and, because of unemployment compensation, many firms do not offer it.

•	3
Which of the following is NOT another name for gain sharing? 
 

•	4
What is driving the increasing costs of healthcare?
 

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Evidence indicates that the perceived value of benefits rises when employers introduce

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Open pay systems tend to work best when

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The type of private pension plan in which an employer promises to pay a retiree a stated pension is a

•	8
Which of the following laws established the first national minimum wage?

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In labor economics, __________________ theory holds that unless an employee can produce a value equal to the value received in wages, it will not be worthwhile to hire that worker.

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One downside of team incentives is that 

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________________ provides a supplemental, one-time payment when death is accidental, and it provides a range of benefits when employees become disabled—that is, when they cannot perform the main functions of their occupations.

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One strategic issue that should influence the design of benefits is an organization-

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___________ bridge the gap between organizational objectives and individual expectations and aspirations.

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______________cover 128 million workers in the United States.
o	 
Workers’ compensation programs 

•	15
The Sarbanes-Oxley Act of 2002 requires that

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Which act covers private-sector employees over age 21 enrolled in noncontributory (100% employer-paid) retirement plans that have 1-year service?

•	17
Gain sharing plans consist of all EXCEPT which of the following elements:

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Reviews of both laboratory and field tests of _____________ are quite consistent. Individuals tend to follow a norm of fairness and to use it as a basis for distributing rewards.

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Narrowing pay ratios between jobs or pay grades in a firm- pay structure is
 

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At a comprehensive point of view, a(n) _____ includes anything an employee values and desires that an employer is able and willing to offer in exchange for employee contributions. 

•	21
The gatekeeper in a managed care health insurance plan is the