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5 Written Questions

5 Matching Questions

  1. Contribution to employee health care accounts is an example of what kind of pay?
  2. Meeting the market
  3. When an employer wants to pay employees for what theyre capable of and not what theyre actually doing, they want to use these pay systems
  4. Comp time
  5. National Labor Relations Act
  1. a Benefit
  2. b Time off with pay given to the employee instead of overtime pay
  3. c •Skill-based pay
    • Competency based pay
  4. d Allows workers to talk to each other about their pay
  5. e Paying on average with similar companies in the market, balances employer cost pressures and the need to attract employees

5 Multiple Choice Questions

  1. Yes
  2. 1.5 times the normal pay rate for all hours over 40/week an employee works
  3. Pays for what the actual job is worth to the company
  4. •Meet the market
    •Lag the market
    •Lead the market
  5. Rewards employees for what they are capable of doing, instead of what they actually do on the job

5 True/False Questions

  1. What effect does an open pay system have on the organization?Has a positive affect on employee retention and org effectiveness


  2. Exempt vs. non-exempt employeesExempt employees are not required to be paid overtime, nonexempt have to be paid overtime


  3. Common overtime issues•Comp time off
    •Incentives for non exempt employees
    •Training time
    •Travel time


  4. Fair Labor Standard ActAllows workers to talk to each other about their pay


  5. What do the Walsh-Healy Public Contracts Act and the McNamara-O'Hara Service Contract Act stipulate?Require overtime payment and prevailing wage for any employee hours worked over eight hours in one day; applies only to federal contracts, not the private sector


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