C236 Compensation and Benefits PA Questions and Correct Answers Latest Update, Graded A+
6 views 0 purchase
Course
C236
Institution
C236
Which provision applies if a job is covered by the Fair Labor Standards Act?
o :## Employees who work more than 40 hours in a week must be paid time and a
half for each hour they work over the 40 hours.
What is the relationship among laws regarding pay?
o :## The benefit to employees dictates ...
C236 Compensation and Benefits PA
Questions and Correct Answers
Latest Update, Graded A+
Which provision applies if a job is covered by the Fair Labor Standards Act?
o :## Employees who work more than 40 hours in a week must be paid time and a
half for each hour they work over the 40 hours.
What is the relationship among laws regarding pay?
o :## The benefit to employees dictates which law is followed.
What is merit pay?
o :## Annual increase based on past performance
The CEO of a web development company gives employees a lot of freedom to develop new
applications, pays employees by the hour, and allows employees to work as needed to
develop applications. Because of this approach, the payroll costs vary quite a bit. The CEO
would like to get costs under control and make payroll costs more stable. Which approach
can be used to bring payroll costs under control and make them more stable in this
situation?
o :## Transition employees from an hourly pay model to a salaried pay model
Which compensation method is an annual pay increase based on past performance that is
added to an employee's base compensation?
o :## Merit pay
An employee has worked for the same company in two locations over the course of 20
years in Europe and North America. The employee has been trained as an international
trade specialist and has been promoted to manager of international operations. Which pay
basis should be used to compensate this employee?
o :## Competency-based pay
A company implemented actions to improve its return on investment on human capital.
The company wants to be the premier employer in the state. The first step was giving
more rewards for jobs compared to its competitors. Which type of reward system is this
company using?
o :## Relative
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
, 2|Page : 2024 | Grade A+
At which step in job analysis do employers determine the tasks, duties, and
responsibilities of a job?
o :## Interview incumbents
An employer has several job incumbents come together to analyze a job. Which job
analysis method is used in this scenario?
o :## Panel interview
What is the next step in the job analysis after identifying the job and observing the
workplace?
o :## Interview incumbents
A human resources professional at a large law firm needs to fill an accountant position.
The job description provides information about the compensation range, firm location,
number of employees in the company, minimal qualifications, and company values. Which
part of the job description did the human resources professional fail to include?
o :## The job content
To what does internal reward alignment refer?
o :## It refers to how an employee's rewards compare to rewards received by others
in the organization.
Workers in a small manufacturing company are currently paid whatever the CEO feels is
appropriate. The company's new compensation specialist intends to determine the relative
worth or value of each job in the company as part of setting a new salary scale. Which
human resource activity will this compensation specialist be conducting?
o :## A job evaluation
An employee is assigned the task of designing the job-value structure at his company. The
employee has defined which jobs are within the organization and how they are related.
What is the next step in defining the job-value structure?
o :## Determining job importance
Which type of market gives job seekers more negotiation power than employers?
o :## Labor-driven
A company that produces poker chips intends to benchmark its rewards system. Which
method should be used to select the benchmark in this scenario?
o :## Benchmark competitors
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
