Total Rewards Quiz

What is the Point Factor Method of job evaluation is an example of?

Which of the following are statutory deduction?

Legal assistance, financial planning, meal planning, & counseling services are all examples of benefits, commonly included in?

Benchmark jobs have all of the following characteristics except?

Employers may charge COBRA participants up to what percentage of group premiums?

The Family and Medical Leave Act provides three types of leave.  Which type of leave means the employee will take a reduction in hours worked each day or days worked each week?

A plan with a large variety of benefits that employees can tailor to their specific needs is best known as?

Which corporate culture is when organizations typically take when the organization fosters caring, a paternalistic feeling, and wants employees to feel they are “part of a family”

 Which of the following is NOT an indirect compensation method?

The purpose of a compensation gap analysis is to?

Which of the following terms is the BEST systematic approach of determining the relative worth of value of each job in an organization?

Sherry is the manager of compensation of an oil refinery.  She wants to create a new method for job evaluations at the organization, which needs to be a quantitative method.  Which of the following compensation method should she use?

 Which type of group incentive would be associated with the program where employees and managers improve the organization’s productivity and share the benefits of success?

When a CEO takes a position that involves high risk of termination, mostly due to restructuring or change in the strategic direction of a company, which type of executive compensation package would be the best choice in this situation?

Which type of vesting occurs when an employee does NOT become fully vested in their pension until after a specific amount of time?

What is the compa-ratio of an employee’s salary if they were paid $60,000 per year and the midpoint of the salary range for this position is $65,000 per year?

Which of the following are ways that organizations can help lower healthcare costs?

Which of the following law covers both whistle blower protection and notice requirements for defined contribution plans?

 Which of the following motivational theories deals with achievement, affiliation, & power and how they are acquired, their behavioral characteristics, and their effects on society?

 During times of high inflation, public-sector jobs may use what to reduce the effects of wage compression?

The equal pay act (EPA) was the first anti-discrimination act to protect which group?

Which of the following is the most commonly outsourced HR program?

Which of the following group incentive plans is a gainsharing plan based on the historical ration of labor cost to sales value of production?

Under the Services Contract Act, a company with a Federal service contract exceeding $2,500 must pay?

Which of the following statements is false?

An employer is required to keep a master file of employment records for the Federal government.  What does a master file include?

An employee makes $30 per hour and worked 43 hours in a week.  What should the employee’s gross earnings be?

Worker’s compensation is a?

Under ERISA, every employee is automatically entitled to receive the following documents?

A security benefit voluntarily offered by employers to employees who lose their job is known as?

Total benefits cost (TBC) is which of the following?

An audit and review of the services and costs billed by health care providers is known as?

In which type of pension plan can employees calculate in advance to see how much they will receive upon retirement?

 What is the statute of limitations for employee back-pay recovery if an employer did not willingly violate the FLSA?

A total compensation system can be more effective by which of the following?

An employer who provides pension plan benefits equal to $50 per month for each year of service is using which method?

To be eligible for unemployment compensation, a worker must be what of the following?

A defined contribution program in which an employee contributes a portion of their salary to a trust fund and their contributions are matched by the company is known for which term?

To qualify under ERISA, a pension plan must what of the following?

What federal program was created and designed to force employees to have a savings plan in which they save money during their working years to provide a pension after they retire?