Compensation and Benefits Test Bank - 2100 Verified Questions

Page 1


Compensation and Benefits Test

Bank

Course Introduction

This course offers a comprehensive exploration of compensation and benefits within organizations, focusing on the strategies, policies, and practices used to attract, motivate, and retain employees. Students will examine the key components of compensation systems, including base pay, variable pay, and indirect benefits such as health insurance, retirement plans, and paid leave. The course covers legal and ethical considerations, job evaluation methods, market competitiveness analysis, and strategic alignment of reward systems with organizational objectives. Emphasis is placed on current trends and challenges in compensation, the impact of globalization, and the development of effective, equitable compensation packages.

Recommended Textbook

Human Resource Management 14th Edition by Dean Mondy

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14 Chapters

2100 Verified Questions

2100 Flashcards

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Page 2

Chapter 1: Human Resource Management: An Overview

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150 Verified Questions

150 Flashcards

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Sample Questions

Q1) Unions are treated as an environmental factor because they act as a ________ when dealing with a firm.

A) supervisor

B) political party

C) third party

D) shareholder

Answer: C

Q2) cloud computing ________.

A) has done little to enhance HR mobility

B) requires expensive, time-consuming upgrades for HR staff

C) allows HR professionals to access applications from virtually anywhere

D) has largely been ignored by HR professionals

Answer: C

Q3) What human resource management task involves protecting employees from injuries caused by work-related accidents?

A) accident prevention

B) injury analysis

C) job analysis

D) safety Answer: D

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Chapter 2: Business Ethics and Corporate Social Responsibility

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150 Verified Questions

150 Flashcards

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Sample Questions

Q1) The model in which environmental,social,and economic responsibilities are satisfied concurrently is known as ________.

A) corporate social responsibility

B) global activism

C) giving back to the planet

D) restoration and revivification

Answer: A

Q2) In the legal use of the term,a whistleblower is someone who ________.

A) serves as a part-time referee in sporting events

B) has an ethical obligation to shield his or her employer from lawsuits

C) participates in an activity that is protected by federal law

D) serves as a majordomo at political dinners

Answer: C

Q3) The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in ________.

A) 1863

B) 1933

C) 2001

D) 2010

Answer: D

Page 4

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Chapter 3: Equal Employment Opportunity, Affirmative

Action, and Workforce Diversity

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150 Verified Questions

150 Flashcards

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Sample Questions

Q1) What is the difference between diversity management and affirmative action?

Answer: Diversity management is ensuring that factors are in place to provide for and encourage the continued development of a diverse workforce by melding these actual and perceived differences among workers to achieve maximum productivity.Diversity management is about pursuing an inclusive culture in which newcomers feel welcome,and everyone sees the value of his or her job.An affirmative action program (AAP)is an approach developed by organizations with government contracts to demonstrate that workers are employed in proportion to their representation in the firm's relevant labor market.

Q2) Affirmative action programs involve hiring women or minorities ________.

A) in equal numbers

B) according to local and state quotas

C) according to existing Executive Orders

D) in proportion to their representation in the relevant labor market

Answer: D

Q3) Members of Generation Y are also known as Digital Natives.

A)True

B)False

Answer: False

Page 5

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Chapter 4: Strategic Planning, Human Resource Planning, and Job Analysis

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150 Flashcards

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Sample Questions

Q1) Why is it important in today's business environment to have a sound job analysis system? What methods are available for collecting job analysis data?

Q2) Competency modeling refers to an individual's capability to orchestrate and apply combinations of knowledge,skills,and abilities.

A)True

B)False

Q3) Which document clarifies the importance of a well-prepared job analysis?

A) Federal Register # 12

B) Uniform Guidelines on Employee Selection Procedures

C) EEOC Register of Guidelines

D) OFCCP Federal Register

Q4) All of the following EXCEPT ________ are key components of global talent management.

A) a level playing field

B) performance management

C) compensation and rewards

D) leadership and development

Q5) What is succession planning? How has succession planning changed in recent years?

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Chapter 5: Recruitment

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Sample Questions

Q1) Mobile recruiting involves holding job fairs,offering internships,hosting open houses,and visiting community colleges and vocational schools.

A)True

B)False

Q2) Reshoring is the reverse of offshoring and involves bringing work back to the United States.

A)True

B)False

Q3) Ex-offenders are a viable source of employees for restaurants and farms.

A)True

B)False

Q4) What are the advantages and disadvantages of using employee referrals for recruiting?

Q5) Technical and vocational schools,community colleges,colleges,and universities are the primary focus of ________.

A) public recruitment agencies

B) private employment agencies

C) executive search firms

D) recruiters

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Chapter 6: Selection

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150 Flashcards

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Sample Questions

Q1) Which of the following selection ratios indicates the highest number of qualified applicants for a position?

A) 10.0

B) 1.00

C) 0.10

D) 0.01

Q2) The ________ is designed to prohibit the improper use of genetic information in health insurance and employment.

A) Freedom of Information Act

B) Federal Genealogy Act

C) Americans with Disabilities Act

D) Genetic Information Nondiscrimination Act

Q3) Validity in testing occurs when everyone scoring a test obtains the same results. A)True

B)False

Q4) What role does culture play in determining business leadership styles?

Q5) Validity is the extent to which a selection test provides consistent results. A)True

B)False

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Chapter 7: Performance Management and Appraisal

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150 Flashcards

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Sample Questions

Q1) Performance appraisals are used for all of the following purposes EXCEPT

A) identifying training needs

B) defending personnel decisions

C) implementing selection tests

D) providing employee feedback

Q2) Which statement about traits is most accurate?

A) traits do influence behavior, but these do not fully account for behavior

B) traits are readily translated into job performance

C) traits influence motivation, but not job performance

D) traits determine a person's personality profile

Q3) A typical job might have 8-10 dimensions under BARS,each with a separate rating scale.

A)True

B)False

Q4) The most significant risk associated with 360-degree feedback is confidentiality.

A)True

B)False

Q5) Discuss how to structure a successful performance appraisal interview.

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Chapter 8: Training and Development

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150 Flashcards

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Sample Questions

Q1) Organizational development consists of all learning experiences provided by an organization resulting in an upgrading of skills and knowledge required in current and future managerial positions.

A)True

B)False

Q2) Hybrid programs permit students to take some classes online and some in a traditional university setting.

A)True

B)False

Q3) Simulators are training and delivery systems commonly used for training airline pilots.

A)True

B)False

Q4) The key to on-the-job training is to transfer knowledge from a highly skilled and experienced worker to a new employee,while maintaining the productivity of both workers.

A)True

B)False

Q5) What impact has technology had on training and development programs?

Q6) What is a career? What is career planning?

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Chapter 9: Direct Financial Compensation Core Compensation:

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Sample Questions

Q1) What gainsharing plan embodies management-labor cooperation,collaborative problem-solving,teamwork,trust,open-book management and servant leadership?

A) deferred plan

B) Scanlon plan

C) Roth plan

D) current plan

Q2) Historically,some variation of which job evaluation plan has been the most popular option?

A) ranking

B) classification

C) factor comparison

D) point method

Q3) Firms typically prefer single pay rates rather than pay ranges because of the simplicity and preciseness the system offers.

A)True

B)False

Q4) What is a compensation survey? How do organizations benefit from using compensation surveys?

Q5) What are the advantages and disadvantages of team-based pay?

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Chapter 10: Indirect Financial Compensation Employee

Benefits:

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150 Flashcards

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Sample Questions

Q1) Which term refers to a certain number of days each year that employees can use for any purpose?

A) sabbatical

B) paid vacation

C) paid time off banks

D) medical leave

Q2) Hazard pay and shift differential pay are types of ________.

A) customized benefits

B) overtime pay

C) voluntary benefits

D) premium pay

Q3) Coinsurance of 20 percent means that the insurance plan will pay 20 percent of the covered expenses while the insured will pay 80 percent.

A)True

B)False

Q4) Flextime is the practice of permitting employees to choose their own working hours,within certain limitations.

A)True

B)False

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Chapter 11: Labor Unions and Collective Bargaining

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150 Verified Questions

150 Flashcards

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Sample Questions

Q1) A craft union is typically composed of members of a particular trade or skill in a specific locality who go through apprenticeship-training programs.

A)True

B)False

Q2) The unionized machinists at Larson Aeronautics have refused to work and have halted production as a result of a breakdown in negotiations.Which of the following terms best describes the actions of the machinists?

A) boycott

B) strike

C) beachhead

D) lockout

Q3) What is the primary law governing the relationship of companies and unions?

A) National Labor Relations Act

B) Norris-LaGuardia Act

C) Landrum-Griffin Act

D) Sherman Act

Q4) Discuss three factors that contribute to an employee's decision to join a union.

Q5) Why do workers join unions? What is the basic structure of a union?

Q6) In a brief essay,discuss the concepts of a bargaining unit and decertification.

Page 13

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Chapter 12: Internal Employee Relations

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Sample Questions

Q1) Devon Manufacturing wants to avoid the time and cost associated with employment-related lawsuits.Which of the following would most likely be the best choice for Devon in resolving conflicts with employees?

A) collective bargaining

B) progressive disciplinary action

C) alternative dispute resolution

D) mandatory bargaining

Q2) Miles,a software designer,received a performance review that he feels is incorrect.Miles would like to discuss his concerns with an impartial individual at his firm.What are the best two individuals for Miles to contact in this situation?

A) mediator and ombudsperson

B) HR manager and arbitrator

C) ombudsperson and HR manager

D) arbitrator and union steward

Q3) How do employers benefit from providing outplacement services?

A) minimizing the need for severance pay

B) lowering unemployment insurance costs

C) complying with the WARN Act

D) improving employee good will

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Page 14

Chapter 13: Employee Safety, Health, and Wellness

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150 Flashcards

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Sample Questions

Q1) The use of illegal drugs or the misuse of alcohol is best known as ________.

A) alcoholism

B) burnout

C) substance abuse

D) personality disorder

Q2) What is the most commonly offered in-house corporate wellness program?

A) physical fitness program

B) healthy eating program

C) substance abuse program

D) stress management program

Q3) which of the following most likely occurs from using ergonomics?

A) improved workplace security

B) lowered selection costs

C) improved recruitment

D) lowered injury rate

Q4) Physical fitness programs are the most commonly offered wellness program provided by employers.

A)True

B)False

Q5) Define burnout and discuss its warning signs.How can burnout be prevented?

Page 15

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Chapter 14: Global Human Resource Management

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150 Verified Questions

150 Flashcards

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Sample Questions

Q1) Which of the following is NOT one of the stages in the expatriate selection process?

A) supervisor recommendation

B) candidate pool creation

C) technical skills assessment

D) self-selection

Q2) According to international health and safety experts,what is one of the most important trends among successful MNCs?

A) using a single safety management system for all global operations

B) offering safety and health training through e-learning software

C) handling safety and health emergencies with virtual teams

D) using regionally based safety and health procedures

Q3) In which country would codetermination most likely be an issue?

A) Brazil

B) India

C) Germany

D) South Korea

Q4) China and the United States are significant players on the global stage.Many differences between the countries influence how they operate.Compare and contrast the political systems of both countries.

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