Bus 409 Wk 2 Quiz 1

BUS 409 WK 2 Quiz 1

Purchase this tutorial here:

http://xondow.com/BUS-409-WK-2-Quiz-1-BUS4091.htm

1) What is the primary factor that will prevent companies from growing in the next decade?

A) increased government regulations

B) the inability to attract and retain employees

C) caps on executive pay in some organizations

D) increased global competition

2) Protection programs are what type of compensation benefits?

A) external

B) non-monetary

C) internal

D) monetary

3) Which of the following would be an example of a non-monetary reward?

A) medical insurance

B) vacations

C) day care assistance

D) all of the above

4) This law made it illegal to pay women less for performing equal work as men.

A) Equal Pay Act of 1963

B) Civil Rights Act of 1964

C) Davis — Bacon Act of 1931

D) Fair Labor Standards Act of 1938

5) What is the typical annual Cost-of-living adjustments (COLAs) in recent years?

A) 0 to 1 percent

B) 2 to 3 percent

C) 3 to 5 percent

D) 8 to 10 percent

6) What type of pay system rewards employees for partially or completely attaining a predetermined work objective?

A) seniority pay

B) merit pay

C) incentive pay

D) skill-based pay

7) Jason works at a call center for an insurance company and he has been answering calls regarding auto insurance. Recently, he started to attend a training program about home insurance. Upon successful completion of this training program, Jason will be able to handle home insurance questions and queries as well. If this insurance company has a compensation policy that rewards Jason's completion of this training, then what type of pay system does it employ?

A) incentive pay

B) merit pay

C) seniority pay

D) pay-for-knowledge

8) Which of the following is NOT one of the three broad categories that discretionary benefits fall into?

A) worker's compensation laws

B) paid time off...