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5 Written questions

5 Matching questions

  1. Social Security
  2. Vesting
  3. Paired-comparison method
  4. Hazard pay
  5. Shift pay
  1. a Job ranking method in which evaluator compares each job with every other job being evaluated
  2. b Social Security Administration program that provides retirement, disability, death, and survivor's benefits
  3. c Refers to supplemental pay paid to employees who work less-desirable hours, such as second or third shifts
  4. d Process by which a retirement benefit becomes nonforfeitable
  5. e Pay earned by employees who work in an environment that is considered more risky from a safety or health point of view

5 Multiple choice questions

  1. Provides each incumbent of a job with the same rate of pay, regardless of performance or seniority; also known as flat-rate pay
  2. Pay systems in which employee characteristics, rather than the job, determine pay
  3. System of overlapping short- and long-term incentives to make it less likely that key employees will leave a company
  4. Shows the number of people or organizations associated with data organized in a frequency distribution
  5. Act that established uniform minimum standards for employer-sponsored retirement and health and welfare benefit programs

5 True/False questions

  1. Productivity-based payPay based on the quantity of work and outputs that can be accurately measured

          

  2. Consumer-directed health careHealth-care options intended to help employers better control costs while allowing employees to make more decisions about their health care

          

  3. Individual retirement accounts (IRAs)Tax-deferred accounts to which wage earners can contribute an amount up to a yearly maximum

          

  4. Employee stock-ownership plans (ESOPs)Stock bonus plans by which employees gain ownership in the organization for which they work

          

  5. DrawAmount advanced on future commissions

          

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