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5 Written questions

5 Matching questions

  1. Leading the market
  2. Lagging the market
  3. Comp time
  4. Do training and travel time count as work time?
  5. 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
  1. a Time off with pay given to the employee instead of overtime pay
  2. b Using Below-market levels because of low funds, an abundance of workers, good benefits; it increases turnover
  3. c •Skill-based pay
    • Competency based pay
  4. d Yes
  5. e Higher than average pay, attracts better workers

5 Multiple choice questions

  1. •Comp time off
    •Incentives for non exempt employees
    •Training time
    •Travel time
  2. Companies are moving away from traditional compensation towards total compensation involving pay for performance
  3. 1.5 times the normal pay rate for all hours over 40/week an employee works
  4. 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
  5. Allows workers to talk to each other about their pay

5 True/False questions

  1. To calculate overtimeTime off with pay given to the employee instead of overtime pay

          

  2. What effect does an open pay system have on the organization?Companies are moving away from traditional compensation towards total compensation involving pay for performance

          

  3. Three types of quartile strategies companies use to determine thier pay levelBenefit

          

  4. Contribution to employee health care accounts is an example of what kind of pay?Benefit

          

  5. Competancy payRewards employees for what they are capable of doing, instead of what they actually do on the job