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Developing a Pay Structure in Human resource management MCQ

Which process used to determine the relative worth of jobs within an organization ?

Answer

Correct Answer: Job evaluation

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The extent to which the pay for a particular job is competitive and fair relative to the pay of the same or similar jobs at other organizations is known as

Answer

Correct Answer: External equity

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______is a term that refers to those employees who do not fall under the purview of the minimum wage and overtime provisions

Answer

Correct Answer: Exempt

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The extent to which employees are permitted to discuss pay with each other is called ______.

Answer

Correct Answer: Pay transparency

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______ reflects how much employees are actually paid for a given job in relation to the espoused pay structure and policies.

Answer

Correct Answer: The compa-ratio

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Which of these did the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 require?

Answer

Correct Answer: That all publicly listed companies report their pay dispersion rates

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In a(n) ______ pay structure, individuals who possess a particular competency or skill receive additional pay.

Answer

Correct Answer: Person-based

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Which of these regulates overtime pay, minimum wage, hours worked, and record keeping?

Answer

Correct Answer: The Fair Labor Standards Act

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Which of these is an important consideration when building an effective pay structure?

Answer

Correct Answer: Complying with legal guidelines

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What allows an organization to establish how competitive its pay is compared to competitors or other organizations in the industry?

Answer

Correct Answer: Matching descriptions of benchmark jobs

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What is a “lag-the-market strategy?”

Answer

Correct Answer: When employees are paid less than the average competitor

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To implement an effective ______, employees must be paid equitably with respect to other employees in the organization and with respect to employees at other organizations performing similar work.

Answer

Correct Answer: Pay structure

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When must managers ensure that employees have accurate information about their rewards and contributions in comparison to the rewards and contributions of others?

Answer

Correct Answer: When managing perceptions of inequity

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An individual who prefers conditions in which rewards are proportional to contributions is known as ______.

Answer

Correct Answer: Equity sensitive

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Mila’s employer, a retail jewelry store, recently moved from a commissioned to a noncommissioned pay structure. Now all front-end sales people are paid the same regardless of how much they sell. This scenario illustrates ______.

Answer

Correct Answer: Equality

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______ includes wages and salaries, as well as benefits such as health care and paid time off.

Answer

Correct Answer: Total compensation

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To provide a competitive advantage, ______ must emphasize the attraction, motivation, and retention of individuals who can develop, sell, or provide the organization’s products or services.

Answer

Correct Answer: A reward system

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Research suggests there is only a small correlation between pay and ______.

Answer

Correct Answer: Job satisfaction

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Which of the following refers to the continual process of setting career-related goals and planning a path to achieve those goals?

Answer

Correct Answer: Career management

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What is the primary challenge of training evaluation?

Answer

Correct Answer: Finding practical ways to measure training effectiveness

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Which of these models classifies training outcomes into four categories: reactions, learning, behavior, and results?

Answer

Correct Answer: Kirkpatrick’s model

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Which type of training attempts to impact unconscious attitudes, beliefs, and behaviors?

Answer

Correct Answer: Diversity

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Research on training suggests it is best to ______.

Answer

Correct Answer: Choose multiple methods of training

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Which training method allows an employer to reach out to many learners at once?

Answer

Correct Answer: Lecturing

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Which training method allows trainees to reflect on the material, build self-efficacy, and practice on the job?

Answer

Correct Answer: Spaced learning

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Which concept refers to an outline or framework that helps the learner to organize the training material in order to better retain it?

Answer

Correct Answer: Schema

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Which of these represents a process through which an employee uses newly learned KSAOs to improve on-the-job performance?

Answer

Correct Answer: Training transfer

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Which theory of motivation predicts greater motivation to perform the task if people see that their efforts lead to greater performance and believe that performance will lead to a significant outcome?

Answer

Correct Answer: Expectancy theory

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A high level of ______ is reflected when a person believes that he or she is able to master the content of the training course and capable of transferring learned skills back to the job.

Answer

Correct Answer: Self-efficacy

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What strategy can help to customize training to individual employee needs?

Answer

Correct Answer: Case studies

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Who is key to communicating and supporting a positive culture in an organization?

Answer

Correct Answer: Supervisors and managers

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Which concept is used to determine the gap between the job requirements and what KSAOs the trainees currently possess, and then develop the training program based upon this gap?

Answer

Correct Answer: Training needs assessment

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Which assessment is a systematic evaluation of the organization, the jobs, and the employees to determine where training is most needed and what type of training is needed?

Answer

Correct Answer: Training needs assessment

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Total compensation is a Package of compensation and _______ that employees receive

Answer

Correct Answer: Benefits

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Reward system used by an organization to determine the amount and types of returns individuals

Answer

Correct Answer: True

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Relational returns nonmonetary incentives and rewards, such as _______ and developmental opportunities

Answer

Correct Answer: new learning

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Which method approach “subject matter experts evaluate the job descriptions and specifications for a selection of jobs”

Answer

Correct Answer: Ranking method

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Product market is the final sale of products and services in the marketplace

Answer

Correct Answer: True

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Procedural justice is used to determine how an ______ or resource is determined and distributed.

Answer

Correct Answer: Outcome

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A common job evaluation approach in which a team of subject matter experts systematically identifies, scales, and develops weights for compensable factors is known as ______ .

Answer

Correct Answer: Point-factor method

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Person-based pay structures is a pay structure that emphasizes individuals’ unique competencies or skills

Answer

Correct Answer: True

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Pay transparency is the extent to which an organization communicates _______ and the extent to which employees are permitted to discuss pay with each other

Answer

Correct Answer: pay information

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Pay structure is the way in which an organization applies pay rates to different jobs, skills, or competencies.

Answer

Correct Answer: True

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The extent to which an organization has policies and practices aimed at suppressing pay information is known as______ .

Answer

Correct Answer: Pay secrecy

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Pay policy line representing how an organization translates information about its internal job structure and external pay rates.

Answer

Correct Answer: True

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A more severe form of pay compression that occurs when a newer, less-experienced employee in a given job earns this statement is related to

Answer

Correct Answer: Pay inversion

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A group of jobs with similar job evaluation point values that are then assigned common pay midpoint, minimum, and maximum values is known as _____ .

Answer

Correct Answer: Pay grade

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A ________ Occurs when recently hired employees with less experience earn nearly as much or the same as more experienced

Answer

Correct Answer: Pay compression

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Organizational justice theory is a theory that focuses on perceptions of fairness in the workplace

Answer

Correct Answer: True

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A term that refers to those employees who are directly affected by minimum wage and overtime provisions is known as ______ .

Answer

Correct Answer: Nonexempt

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Stipulates that employees protected under the act have a right to discuss pay as part of activities related to collective bargaining and protection, thereby providing an avenue through which employees may uncover pay discrimination

Answer

Correct Answer: National Labor Relations Act

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The process of collecting pay data for benchmark jobs from other organizations is known as _____

Answer

Correct Answer: Market review

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Market pricing is When an organization bases its pay levels and pay structure directly on its ________ pay levels and pay structures.

Answer

Correct Answer: competitors

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Market pay line is the relationship between the _______ structure of the organization for benchmark jobs and the external pay practices of other organizations

Answer

Correct Answer: Internal job

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Labor market is the availability of talent outside of an organization, which can be viewed through the lens of talent supply and demand

Answer

Correct Answer: True

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The ranking of jobs within an organization based on their respective worth is known as

Answer

Correct Answer: Job structure

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Internal revenue code Stipulates income and payroll tax regulations

Answer

Correct Answer: True

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The fairness of pay rates across jobs within an organization is known as______.

Answer

Correct Answer: Interactional justice

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Individual equity is the fairness of how pay is administered and distributed to ______ working similar jobs within the same organization .

Answer

Correct Answer: individual employees

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Fair Labor Standards Act Enacted in _____-?

Answer

Correct Answer: 1938

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Executive Order that carry the force of law

Answer

Correct Answer: True

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Which theory provides a way of understanding how an individual’s sense of fairness is influenced by others with whom they compare themselves is known as ______ .

Answer

Correct Answer: Equity theory

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Distributive justice include rewards, punishments, or other organizational consequences.

Answer

Correct Answer: True

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The process by which the hierarchy in an organizational structure is reduced is known as

Answer

Correct Answer: Delayering

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Compensation Includes base pay and variable pay and is sometimes referred to as direct pay

Answer

Correct Answer: True

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The common dimensions by which jobs vary in terms of worth is known as

Answer

Correct Answer: Compensable factors

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Compa-ratio used to assess whether systematic compression or inversion are occurring

Answer

Correct Answer: True

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The classification method in which upper and lower limits of interval is also in class interval itself is called

Answer

Correct Answer: inclusive method

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Broadbanding is the process of collapsing multiple pay grades into one large grade with a single ________.

Answer

Correct Answer: minimum and maximum

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Employee rewards, which are a type of indirect pay, that include health, life, and disability insurance; retirement programs; and work–life balance programs are known as ______ .

Answer

Correct Answer: Aging

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A process whereby previously collected market pay data are adjusted and updated based on market changes is known as

Answer

Correct Answer: Aging

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