desslr_10.docVIP

Chapter 10: Establishing Strategic Pay Plans Multiple Choice ________ refers to all forms of pay or rewards going to employees and arising from their employment. Reimbursement Employee compensation Salary Benefits Remuneration (b; easy; p. 422) Direct financial payments include all of the following except ________. wages insurance salaries incentives commissions (b; easy; p. 422) Which of the following is categorized as an indirect payment portion of employee compensation? wages salaries employer-paid insurance commissions bonuses (c; moderate; p. 422) John is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a commission on every sale he makes. John’s pay is based on ________. time sales performance incentives bonuses seniority (b; moderate; p. 422) Which of the following factors affects the design of any pay plan? legal union company policy equity all of the above (e; easy; p. 422) Which law allows the secretary of labor to set wage rates for laborers and mechanics employed by contractors working for the federal government? Davis-Bacon Act Walsh-Healey Public Contract Fair Wages Act Civil Rights Act Fair Labor Standards Act (a; difficult; p. 422) The ________ sets basic labor standards for employees working on any government contract that amounts to more than $10,000. Davis-Bacon Act Walsh-Healey Public Contract Fair Wages Act Civil Rights Act Fair Labor Standards Act (b; difficult; p. 422) Which compensation-related law contains minimum wage, maximum hours, overtime pay, equal pay, and child labor provisions? Davis-Bacon Act Walsh-Healey Public Contract Fair Wages Act Civil Rights Act Fair Labor Standards Act (e; difficult; p. 422) Which of the following is addressed by the Fair Labor Standards Act? minimum wage maximum hours overtime pay child labor all of the above (e; easy; p. 422) The Fair Labor Standards Act covers workers employed in ________. manufact