What is the main difference between the equity and exchange philosophies of compensation?

Question 1. Jennifer consults the Dictionary of Occupational Titles to figure out how to define job duties for her store’s Floor Manager position. What job analysis task is Jennifer engaged in?

comparison with other companies

experimentation

job specification

reflective planning

Question 2. What is the main difference between the equity and exchange philosophies of compensation?

The equity philosophy is based on available budget; the exchange philosophy is based on profit margins.

The equity philosophy is based on fairness; the exchange philosophy is based on employee value.

The equity philosophy is based on profit margins; the exchange philosophy is based on available budget.

The equity philosophy is based on employee value; the exchange philosophy is based on fairness

Question 3. Internal sourcing and external sourcing are part of the process of ______________.

recruiting
employee orientation
employee selection
job design

Question 4. Which of the following scenarios describes the 360-degree assessment technique?

David’s performance is evaluated by his work over the last calendar year.
David’s performance is evaluated using a BARS scale.
David’s performance is evaluated based on the areas in which he has made the most progress.
David’s performance is evaluated by peers, subordinates, customers, and himself.

Question 5. Larissa is a human resources manager who is drafting the tasks that will be assigned to the Junior Accounts Manager, a new position her company is creating. Which of the following processes is Larissa involved in?

job specification

job description

job promotion

job analysis

Question 6. The _____________________ requires employers to provide job-protected unpaid leave to an employee who is unable to perform his or her job due to a serious health condition.

Americans with Disabilities Act of 1990

Equal Employment Opportunity Commission

Family and Medical Leave Act of 1993

Fair Labor Standards Act of 1938

Question 7. Which of the following laws give workers the right to join a union without fear of discrimination or retribution?

The Norris–LaGuardia Act of 1932

The Wagner Act of 1935

The Taft-Hartley Act of 1948

The Landrum-Griffin/Labor-Management Reporting and Disclosure Act of 1959

Question 8. Benefit packages typically comprise about _______% of an employee’s base pay.

5-10

10-15

15-20

20-30

Question 1. Jennifer consults the Dictionary of Occupational Titles to figure out how to define job duties for her store’s Floor Manager position. What job analysis task is Jennifer engaged in?

comparison with other companies

experimentation

job specification

reflective planning

Question 2. What is the main difference between the equity and exchange philosophies of compensation?

The equity philosophy is based on available budget; the exchange philosophy is based on profit margins.

The equity philosophy is based on fairness; the exchange philosophy is based on employee value.

The equity philosophy is based on profit margins; the exchange philosophy is based on available budget.

The equity philosophy is based on employee value; the exchange philosophy is based on fairness

Question 3. Internal sourcing and external sourcing are part of the process of ______________.

recruiting
employee orientation
employee selection
job design

Question 4. Which of the following scenarios describes the 360-degree assessment technique?

David’s performance is evaluated by his work over the last calendar year.
David’s performance is evaluated using a BARS scale.
David’s performance is evaluated based on the areas in which he has made the most progress.
David’s performance is evaluated by peers, subordinates, customers, and himself.

Question 5. Larissa is a human resources manager who is drafting the tasks that will be assigned to the Junior Accounts Manager, a new position her company is creating. Which of the following processes is Larissa involved in?

job specification

job description

job promotion

job analysis

Question 6. The _____________________ requires employers to provide job-protected unpaid leave to an employee who is unable to perform his or her job due to a serious health condition.

Americans with Disabilities Act of 1990

Equal Employment Opportunity Commission

Family and Medical Leave Act of 1993

Fair Labor Standards Act of 1938

Question 7. Which of the following laws give workers the right to join a union without fear of discrimination or retribution?

The Norris–LaGuardia Act of 1932

The Wagner Act of 1935

The Taft-Hartley Act of 1948

The Landrum-Griffin/Labor-Management Reporting and Disclosure Act of 1959

Question 8. Benefit packages typically comprise about _______% of an employee’s base pay.

5-10

10-15

15-20

20-30