Compensation and Benefits Exam Solutions
Course Introduction
This course provides an in-depth exploration of compensation and benefits as critical components of human resource management. Students will examine the strategic role of total rewards in attracting, retaining, and motivating employees within organizations. Key topics include job analysis and evaluation, pay structure design, incentive programs, employee benefits administration, and compliance with legal requirements related to compensation and benefits. The course also addresses contemporary issues such as pay equity, executive compensation, and the impact of globalization on reward systems, equipping students with practical skills for designing and managing effective compensation and benefits programs in diverse workplaces.
Recommended Textbook
Human Resource Management 1st Edition by
Jean M. Phillips
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14 Chapters
1504 Verified Questions
1504 Flashcards
Source URL: https://quizplus.com/study-set/1761
Page 2
Chapter 1: Strategic Human Resource Management
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105 Verified Questions
105 Flashcards
Source URL: https://quizplus.com/quiz/35074
Sample Questions
Q1) Investing in developing your HRM skills will not prepare you to be a more effective employee and manager.
A)True
B)False
Answer: False
Q2) There are many laws and regulations that affect both HRM practices and the employment relationship.
A)True
B)False
Answer: True
Q3) An organization's __________is a system of beliefs about how its employees should be treated.
A) business philosophy
B) strategic philosophy
C) employee philosophy
D) talent philosophy
Answer: D
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Page 3
Chapter 2: The Role of Human Resource Management in Business
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106 Verified Questions
106 Flashcards
Source URL: https://quizplus.com/quiz/35075
Sample Questions
Q1) As many as _____ percent of mergers fail to accomplish their objectives.
A) 95
B) 85
C) 75
D) 55
Answer: B
Q2) Corporate social responsibility refers to a business showing concern for the common good and valuing human dignity.
A)True
B)False
Answer: True
Q3) What is the ethical action that best balances good over harm by doing the most good or doing the least harm?
A) Utilitarian standard
B) Rights standard
C) Fairness standard
D) Common good standard
Answer: A
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Chapter 3: Diversity, Equal Employment Opportunity, and
Affirmative Action
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107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/35076
Sample Questions
Q1) Inclusion refers to everyone feeling respected and listened to and everyone contributing to their fullest potential.
A)True
B)False
Answer: True
Q2) Just being sufficiently bothered by the _________environment created by behavior including whistling,lewd jokes,foul language,pictures,or e-mails,can fuel a successful lawsuit.
A) quid pro quo
B) desperate
C) hostile
D) distressed
Answer: C
Q3) The __________ established both minimum-wage and overtime rules.
A) National Labor Relations Act of 1935
B) Fair Labor Standards Act 1938
C) Equal Pay Act of 1963
D) Worker Adjustment and Retraining Notification Act of 1988
Answer: B
Page 5
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Chapter 4: Analyzing Work and Human Resource Planning
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107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/35077
Sample Questions
Q1) Organizational design is selecting and managing aspects of organizational structure to facilitate organizational goal accomplishment.
A)True
B)False
Q2) Business process reengineering is a time-tested,old-fashion way to redesign business processes to achieve large improvements,service,cost,or quality.
A)True
B)False
Q3) Relying on the expertise of people in the organization to predict a firm's future employment needs is called __________.
A) trend analysis
B) ratio analysis
C) judgmental forecasting
D) interest rate forecasting
Q4) Organizational structure is the organization's formal system of task,power,and reporting relationships.
A)True
B)False
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Chapter 5: Sourcing and Recruiting
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107 Verified Questions
107 Flashcards
Source URL: https://quizplus.com/quiz/35078
Sample Questions
Q1) Each quarter Lisa's company asks her to name three people in her department who would make good managers in the future.This is an example of __________.
A) succession management
B) talent management
C) internal management
D) internal inventory
Q2) Analytic recruiting metrics track recruiting processes and outcomes that influence the organization's performance,competitive advantage,or strategic execution.
A)True
B)False
Q3) Sam is sending out resumes and talking to everyone he meets about his job hunting techniques.This is an example of a(n)__________.
A) active job seeker
B) semi-passive job seeker
C) passive job seeker
D) passive-aggressive job seeker
Q4) What are the strengths and limitations of internal and external recruiting? Give an example of each.
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Chapter 6: Selection and Hiring
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35079
Sample Questions
Q1) Hundreds of different personality traits exist so personality researchers combined related personality traits into a few broad behavioral traits called the big __________.
A) 8
B) 5
C) factors
D) personality
Q2) Job offers for lower level positions are often longer and more detailed than job offers made to fill executive jobs.
A)True
B)False
Q3) The degree to which a job offer is negotiable depends on the job,the hiring manager,the organization,and the candidate's perceived value to the organization.
A)True
B)False
Q4) Describe,explain,and give an example for the three types of fit between an employee and an organization.
Q5) Identify and explain the four possible outcomes in selection.
Q6) What are the four factors that can affect the substance of a job offer?
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Chapter 7: Training and Development
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109 Verified Questions
109 Flashcards
Source URL: https://quizplus.com/quiz/35080
Sample Questions
Q1) An organizational needs analysis identifies where in the organization development should be avoided.
A)True
B)False
Q2) __________ is anything that makes a behavior more likely to happen again.
A) Reinforcement
B) Punishment
C) Extinction
D) Elimination
Q3) What is the second step in an effective training process?
A) Conduct needs assessment
B) Develop learning objectives
C) Design the training
D) Implement the training
Q4) A task needs analysis focuses on identifying which jobs,competencies,abilities,behaviors,etc.,the training effort should focus.
A)True
B)False
Q5) What are the five steps to effective training? Explain how each step works.
Q6) Identify and describe three of the five types of training methods.
Page 9
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Chapter 8: Performance Management
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35081
Sample Questions
Q1) __________reflects ignoring factors beyond the employee's control that influence his or her performance
A) Central tendency
B) Opportunity bias
C) High potential error
D) Leniency error
Q2) __________ plans typically cover one year but can be done for any appropriate time period.
A) Maintenance
B) Preservation
C) Performance
D) Corrective
Q3) Although the __________ method can promote a competitive and achievement-based culture,it can also erode teamwork,decrease employees' desire to help each other,and encourage an "everyone for himself or herself" attitude.
A) performance ranking
B) forced ranking
C) paired comparison
D) forced distribution
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Page 10
Chapter 9: Base Compensation
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35082
Sample Questions
Q1) __________ is typically reviewed annually in light of an individual's performance and experience,competitive trends,and the geographic location of the job.
A) Incentive pay
B) Base pay
C) Severance pay
D) Total rewards
Q2) Julie has just been laid off from her job,and her company has agreed to pay her $15,000 for each year she was with the company.This is an example of __________.
A) incentive pay
B) base pay
C) severance pay
D) total rewards
Q3) Under a __________ system a single market-determined rate is paid for the job.
A) job pricing
B) single pay rate
C) pay grade
D) broadbanding
Q4) What are the goals of a strategic compensation system?
Q5) What are some global issues surrounding compensation?
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Chapter 10: Incentives
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35083
Sample Questions
Q1) During difficult economic times,poor __________ distributions can be demotivating.
A) long-term incentive
B) short-term incentive
C) profit sharing
D) stock option
Q2) __________ extrinsic rewards can undermine innovation.
A) Long-term
B) Short-term
C) Monetary
D) Nonmonetary
Q3) Effective __________ depend on discretion,timely acknowledgements,and obvious links between employee actions and recognition.
A) pay-for-performance programs
B) variable pay plans
C) spot awards programs
D) fixed pay plans
Q4) What are ESOPs,and how are they used as incentives?
Q5) What is the idea behind reward differentiation? Give an example.
Q6) What are the top four reasons to tie pay to performance?
Page 12
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Chapter 11: Benefits
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109 Verified Questions
109 Flashcards
Source URL: https://quizplus.com/quiz/35084
Sample Questions
Q1) __________ benefits plans have been gaining in popularity with increasing health and child care costs.
A) Flexible
B) Rubber
C) Mixed
D) Stretched
Q2) __________ benefits plans give employees a set amount of credits or dollars to allocate among different benefits options provided by the employer.
A) Flexible
B) Rubber
C) Mixed
D) Stretched
Q3) An employee's earnings history determines his or her ____________ benefits level.
A) Social Security
B) workers' compensation
C) unemployment insurance
D) FMLA
Q4) What is telecommuting? What are the pros and cons associated with telecommuting?
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Chapter 12: Creating a Healthy Work Environment
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35085
Sample Questions
Q1) __________ recommends that disaster plans cover three subjects: human resource,physical resources,and business continuity.
A) The Red Cross
B) HRM
C) OSHA
D) FEMA
Q2) Allowing employees to __________ helps to decrease employee stress.
A) managing themselves
B) make decisions
C) create regulations
D) supervise each other
Q3) Many organizations are realizing a return of over ______ percent on their investment in financial management,retirement,and budgeting programs.
A) 100
B) 300
C) 50
D) 700
Q4) What are the five components to a drug-free workplace program? Why do some employees object to random drug testing?
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Chapter 13: Creating Positive Employee-Management Relations
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108 Verified Questions
108 Flashcards
Source URL: https://quizplus.com/quiz/35086
Sample Questions
Q1) Closed shop clauses are __________ subjects.
A) mandatory
B) permissive
C) illegal
D) unethical
Q2) When negotiating,it is helpful to research and understand the individual(s) with whom you will be negotiating.
A)True
B)False
Q3) __________ is a conflict management strategy of trying to find some expedient,mutually acceptable middle ground solution,which partially satisfies both parties.
A) Collaborating
B) Compromising
C) Accommodating
D) Competing
Q4) The goal of a union is to further the social,safety,and economic interests of its members.
A)True
B)False
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Chapter 14: Managing Engagement and Turnover
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106 Verified Questions
106 Flashcards
Source URL: https://quizplus.com/quiz/35087
Sample Questions
Q1) __________ occurs when employees are committed to,involved with,enthusiastic,and passionate about their work.
A) Organizational citizenship behavior
B) Job dissatisfaction
C) Employee engagement
D) Job satisfaction
Q2) __________ is the movement of employees to other parts of the company or to other jobs the company needs filled to match its workforce with its talent needs.
A) Succession management
B) Replacement planning
C) Skills inventorying
D) Workforce redeployment
Q3) __________ commitment is a positive emotional attachment to the organization and strong identification with its values and goals.
A) Organizational
B) Affective
C) Normative
D) Continuance
Q4) Explain the concept of workforce deployment.
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