MGT 3374 Test #3 Essay

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

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