Reference no: EM132154109

1. Which of the following is a drawback of setting pay rates based strictly on a pay policy line?

The estimated pay for a job may not reflect conditions in the labor market.

It groups jobs, which will result in rates of pay for individual jobs that precisely match the levels specified by the market.

Employees have difficulty interpreting regression analysis.

It increases the costs of surveying the market.

It increases the administrative burden of managing the compensation system.

2. Triano Brothers, an insurance firm, follows an administrative procedure for measuring the relative worth of its jobs. The organization does this by assembling and training a committee consisting of people familiar with the jobs. The committee includes a human resource specialist and, if the budget permits, an outside consultant is hired. Which of the following is exemplified in this scenario?

job rotation

job enrichment

merit pay system

work structure

job evaluation

3. Which of the following is an example of a defined-contribution pension plan?

section 401k plan

cost-sharing plan

flexible spending account plan

consumer-driven pension plan

unfunded PBGC plan

4. Which of the following is an unfair labor practice by unions under the Taft-Hartley Act?

nominating candidates to union office and conducting secret-ballot elections

going out on strike to secure better working conditions

refraining from activity on behalf of the union

insisting on provisions that the employer may hire only workers who are union members

joining a union not recognized by the employer