Total Rewards
About this set
Created by:
wildermc on June 27, 2011
Classes:
Iowa SHRM Council Study Group, ALOP 272, Linked:HR Flash Card Study Group
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14 terms
Terms | Definitions |
|---|---|
 Portal to Portal Act | Clarifies what is to be considered compensable time, employers do not have to pay for commute time Contributor: Cris Wildermuth, Ed.D., SPHR, www.criswildermuth.com |
| Equal Pay Act | Forbids pay discrimination on the basis of gender Contributor: Cris Wildermuth, Ed.D., SPHR, www.criswildermuth.com |
| Number of hours per day a 14-15 year old can work when school is in term | Three hours per day or 18 hours in a work week Contributor: Cris Wildermuth, Ed.D., SPHR, www.criswildermuth.com |
| Computer employee exemption refers to employees who are paid at least... | $455 a week or $27.63 per hour Contributor: Cris Wildermuth, Ed.D., SPHR, www.criswildermuth.com |
| Reporting premium | Minimum to be paid when employee is called for work and there is no work available Contributor: Cris Wildermuth, Ed.D., SPHR, www.criswildermuth.com |
| External equity (CHA) | Employees' perception of the fairness of their compensation in relation to compensation available in external labor market. |
| Internal equity (CHA) | Employees' perception of the fairness of their compensation in relation to compensation available to others positions within the organization. |
| McNamara-O'Hara Service Contact Act (CHA) | 1965 - requires contractors providing services of $2500+ to the federal government pay the prevailing rate. Also requires benefits = to benefits in geographic area and a safe/healthy working environment. |
| Behavioral Control (CHA) | Determined by amount of authority the employer has to direct how the worker accomplishes the task. |
| Financial Control (CHA) | Employer controls the business aspects of the worker's job. |
| Total Rewards | All intrinsic and extrinsic benefits that an individual receives as a result of employment with an organization |
| Worker's Compensation | State laws that provide protection for employees in case of job-related injury or illness. |
| Civil Rights Act (1964) | Prohibits discrimination against an individual with respect to compensation based on race, color, religion, sex or national origin. |
| Incentive Pay | Designed to achieve organizational goals by motivating employees to perform above the standard. |
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