Advertisement Upgrade to remove ads

True

Conceptually, a job structure can be defined as the relative pay of various jobs in the organization.

True

The equity theory suggests that people often evaluate their situations by comparing them with those of other people.

False

Internal equity pay comparisons focus on what employees in other organizations are paid for doing the same general job.

True

Benchmarking is a procedure in which a company compares its own practices against those of the competition.

True

The most widely used job evaluation technique is the point-factor system.

True

A disadvantage of using pay grades is the increased administrative burden and costs.

True

Pay plans are typically used to energize, direct, or control employee behavior.

False

Organizations have a very low degree of discretion in deciding how to pay employees.

False

Incentive pay refers to linking annual pay increases to performance appraisal ratings.

False

Deming argues for the use of merit pay in increasing organization performance levels.

True

Employee Stock Ownership Plans (ESOPs) can carry significant investment risks for employees.

False

Group incentive pay plans tend to use a broader range of performance measures than do individual-oriented plans

True

The four performance measures of a balanced scorecard include financial measures, customer measures, internal measures, and learning and growth measures.

True

One of the reasons for giving more responsibility to employees for retirement planning and other benefit decisions is to increase their awareness and understanding of such benefits.

True

There is no legal obligation for employers to offer private retirement plans, but most do.

True

The two types of disability insurance are short-term disability plans and long-term disability plans.

True

Unlike a cash balance plan, with a 401(k), all the contributions come from the employer.

True

Despite passage of the Family and Medical Leave Act, the United States still offers significantly less unpaid leave than most Western European countries.

True

To control health-care costs, employers have been increasingly shifting costs to employees through the use of deductibles, coinsurance, exclusions and limitations, and maximum benefits.

True

Flexible benefit plans (also known as cafeteria-style plans) permit employees to choose the types and amounts of benefits they want for themselves.

True

Management's adoption of union avoidance strategies has increased significantly during the last 20 or 30 years.

True

The AFL-CIO is not a labor union but rather an association that seeks to advance the shared interests of its member unions at the national level, much like the Chamber of Commerce or the National Association of Manufacturers.

True

All members of a bargaining unit, whether union members or not, must be represented by the union.

False

Since the 1950s, union membership has remained relatively stable as a percentage of employment.

False

Managers and supervisors cannot be unionized.

Labor market

_ pay comparisons may be more important when attracting and retaining qualified employees is difficult, and when the costs of recruiting replacements is high.

In developing a job-evaluation system, compensable factors

are the characteristics of jobs that a firm values and chooses to pay for.

Job analysis

Which one of the following HR activities provides basic descriptive information on job attributes and the job itself?

Internal equity

_____ pay comparisons focus on what employees within the same organization, but in different jobs, are paid.

Health insurance

Which of the following is an example of an indirect payment?

A capital-intensive business

What type of business is most likely to have a high revenue-to-labor-cost ratio?

Pay rate range spreads

represent a measure of the range of pay rates paid across an entire organization.

attract individualistic employees

Organizations that link pay to individual performance are more likely to

feedback comes primarily from the supervisor

A characteristic of most merit pay programs is

They tend to increase labor costs over the long run

Criticisms of traditional merit pay programs include all but one of the following. Name the exception

Individual incentive pay programs are quite common in organizations

Which of the following is not true of individual incentive pay programs?

ESOPs.

The pay-for-performance program that does not use a bonus payment as a payment method is

stock options

A(n) _____ plan gives employees the opportunity to buy the company's stock at a previously fixed price.

Tracking financial results while monitoring progress

In recognition of the fact that every pay plan has its advantages and disadvantages, companies are generally taking all but one of the following actions. Name the exception.

marginal

The _____ tax rate is the percentage of additional earnings that goes to taxes.

Public group insurance

Which of the following is not a category of benefits programs?

To offset lost income during a labor dispute

Which one of the following is not a major objective of the unemployment insurance program?

the employer's profitability.

The workers' compensation cost to an employer is based on all of the following except

Social Security

From which source do most retirees receive most of their retirement income?

COBRA

_____ requires employers to permit employees to extend their health insurance coverage at group rates for up to 36 months following a qualifying event, such as a layoff.

Number of dependents

Which of the following is not typically a factor used to determine retirement benefit levels of employees under a defined benefit retirement plan?

arbitration

Collective bargaining resolves disputes through .

Carpenter

Which of the following is an example of a craft union employee?

right-to-work law

The type of union security provision that makes mandatory union membership illegal is the

diversity issues

Unions have hurt their own cause in all of the following ways except

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set