MGT 3374 Test #3

_____ encompasses employee wages and salaries, incentives, bonuses, and commissions.
Direct compensation
Pay-for-performance programs:
tie rewards to employee effort
Which of the following is NOT a common goal of a strategic compensation policy?
To mesh employees’ past performance with organizational goals
The fact that people make comparisons to others is central to:
equity theory
The concept that employees should exert greater work effort if they have reason to expect it will result in a valued reward forms the basis of:
expectancy theory
Under the Fair Labor Standards Act, exempt employees:
are those employees not covered by the overtime provisions of the Act.
Jobs that are grouped into the same pay grade should:
be paid within a range that may overlap with adjoining grades, so that an employee with experience can be paid as much as or more than a newer employee in a higher grade.
Contemporary reasons given by organizations for implementing incentive plans are:
all of the above.
When setting performance measures for incentive systems, we can say that the best measures are:
quantitative, simple to understand, and show a clear relationship to improved performance.
In order for organizations to minimize the problems of merit raises, they should use:
merit guidelines.
A compensation plan that compensates sales employees based on a percentage of sales is known as a:
straight commission plan.
Management should guard against incentive payments being seen as _____.
an entitlement
Long-term incentive plans in which rights are granted to executives to purchase shares of their company’s stock at a fixed price for a fixed period of time are known as:
stock options.
Special benefits given to executive employees, such as assigned chauffeurs, country club memberships, and special vacation policies, are known as:
ESOPs can qualify as tax-exempt employee trusts under section ____ of the Internal Revenue Code.
Which of the following represents the greatest of money to which a dollar of employee compensation goes to in the United States?
Health, life and disability insurance
_____ enable individual employees to choose the benefits that are best suited to their particular needs.
Cafeteria plans
The federal Family and Medical Leave Act:
provides for continuation of medical coverage.
The federal Family and Medical Leave Act provides all of the following except:
promotions missed during leave.
The _____ mandates that employers make health care coverage-at the same rate the employer would pay-available to employees, their spouses, and their dependents on termination of employment, death, or divorce.
Consolidated Omnibus Budget Reconciliation Act
The Health Insurance Portability and Accountability Act:
grants employees the right to switch medical insurance between former and present employers
Holiday pay, sick leave, and vacation pay are examples of:
payment for time not worked
A popular plan that offers employees an opportunity to save through payroll deductions and have their contributions matched by the employer is known as the:
401(k) plan.
Vesting guarantees:
accrued pension benefits at retirement age.
OSHA may cite employers under all of the following violations except:
Strategic Partnership Programs (SPPs):
are long-term agreements between employers and OSHA aimed at reducing serious workplace hazards and to achieve a high level of worker safety and health.
The number of injuries and illnesses per 100 full-time employees during a given year is:
incidence rate
Which of the following would not be considered a “recordable case” under OSHA law?
an employee’s finger cut at home
In terms of workplace violence, which of the following should organizations avoid?
refraining from hiring persons with arrest records
Most employers should recognize that alcoholism is a:
disease that follows a rather predictable course.
Stress becomes ____ when we begin to sense a loss of our feelings of security and adequacy.
The expectations of fair exchange of employment obligations between an employee and employer is referred to as:
psychological contract
Which of the following is the dominant principle governing private-sector employment relationships?
the employment-at-will principle
_____ is the most frequent EEO complaint.
Which of the following is NOT true? The states that grant employees the privilege to see their personnel files generally provide:
The right to a copy of one’s personnel file
Discipline programs designed to motivate an employee to correct his or her misconduct voluntarily are known as:
progressive discipline programs.
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