Exam #4 Flashcards
Which of the following benefits are NOT mandated by federal or state legislation?
a) pension plan coverage
b) social security
c) unemployment insurance
d) workers’ compensation insurance
a)pension plan coverage
T/F
An employer representative has a right to be present when the OSHA inspector is interviewing employees unless the interview is private by request of the employee being interviewed.
True
Claude is director of benefits for a large canned vegetable processor. A long-time assembly line worker, Ed, and his wife have divorced. Under COBRA rules, who (besides Ed) must you notify of their opportunities for extended health benefits?
a) Ed’s wife
b) Ed’s wife and Ed’s dependent children
c) Ed’s wife, his dependent children, and Ed’s dependent elderly parents
d) Ed only, since this is a divorce situation and not a death situation.
b)Ed’s wife and Ed’s dependent children
T/F Profit sharing initiates a stronger reaction and more motivation from the work force than gain sharing, because in profit sharing the results are more difficult to manipulate.
False
An employer who has been warned of a safety violation, but does not correct the situation is vulnerable to a/an ____ violation.
a) serious
b) willful and repeated
c) de minimis
d) imminent danger
b)willful and repeated
T/F “Exempt” only refers to the minimum wage requirement.
False
_________identify the funds that go into retirement but don’t help you determine what you get when you retire.
a) PPOS plans
b) Defined contribution plans**
c) MSA plans
d) Defined benefit plans
b)Defined contribution plans
T/F Employees 14 and 15 years old may not work overtime.
True
_______________ allow individual employee to buy a certain amount of shares of stock in the company at a specified future point for a set price.
a) Stock purchasing plans
b) Stock options plans
c) Employee stock ownership plans
d) Company funded retirement funds
b)Stock options plans
T/F Workers compensation is mandatory in all states.
False
Which of the following is a major objective of the Fair Labor Standards Act?
a) to promote safe working conditions
b) to outlaw all child labor
c) to establish a minimum wage
d) to give labor unions the right to organize
c)to establish a minimum wage
T/F Social Security benefits are designed to replace 100 percent of an employee’s preretirement income.
False
FMLA is typically associated with how many weeks of unpaid leave?
a) 6
b) 12
c) 18
d) 20
b)12
What is a likely outcome when an organization’s compensation is viewed by employees and outsiders as lacking external equity?
a) difficulty recruiting qualified and high-demand employees
b) lower than average turnover
c) little effect on employee morale because internal equity is most important to employees
a)difficulty recruiting qualified and high-demand employees
What are green circle jobs?
a) Jobs that are paid at the midpoint for a particular class of jobs
b) Jobs that are paid above a particular class of jobs
c) Jobs that are paid below a particular class of jobs
d) Jobs that are not counted in the pay structure
c)Jobs that are paid below a particular class of jobs
What can you determine from the chart on the next slide that plots job evaluation points and current employee pay?
a) Employees are generally paid in a manner consistent with their worth to the organization.
b) Employees are generally paid in a manner INconsistent with their worth to the organization.
a)Employees are generally paid in a manner consistent with their worth to the organization.
Why is compensation important?
It poses a significant cost, it can influence recruitment and retention, and influence employee motivation
T/F Compensation can be directly tied to employee motivation.
True
Effort-> performance-> rewards=
Expectancy Theory
What is the expectancy relationship?
The area between effort and performance
What is instrumentality?
The area between performance and rewards
