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5 Written questions

4 Matching questions

  1. Fair Labor Standard Act
  2. How much is the overtime rate?
  3. Contribution to employee health care accounts is an example of what kind of pay?
  4. Do training and travel time count as work time?
  1. a Benefit
  2. b Yes
  3. c Establishes a minimum wage
    •Child labor rules
    •Overtime rules
  4. d 1.5 times the normal pay rate for all hours over 40/week an employee works

5 Multiple choice questions

  1. Using Below-market levels because of low funds, an abundance of workers, good benefits; it increases turnover
  2. Higher than average pay, attracts better workers
  3. Allows workers to talk to each other about their pay
  4. Has a positive affect on employee retention and org effectiveness
  5. Exempt employees are not required to be paid overtime, nonexempt have to be paid overtime

5 True/False questions

  1. Comp timeRewards employees for what they are capable of doing, instead of what they actually do on the job

          

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

          

  3. What do the Walsh-Healy Public Contracts Act and the McNamara-O'Hara Service Contract Act stipulate?Has a positive affect on employee retention and org effectiveness

          

  4. Profit sharing is an example of what kind of pay?Variable pay

          

  5. To calculate overtime•Calculate hourly rate
    •Multiply hourly rate by 1.5, this is overtime rate
    •Multiple overtime rate by hours of overtime worked
    •Add this overtime pay to normal weekly pay