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Human Resources Management: Compensation
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Human Resources Management: Compensation
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25 Questions

1. Allows employees to advance via either a management or technical track within the organization

2. Employer-funded plan that reimburses employees only for eligible and substantiated health care expenses

3. Act that established the basic uniform standards that must be met by employer-sponsored pension - health and welfare benefit programs

4. Pay systems in which employee characteristics - rather than the job - determine pay.

5. Amount of employer-provided group-term life insurance over $50 - 000

6. System of overlapping short- and long-term incentives to make it less likely that employees will leave the company

7. Refers to pay rates that are affected by when an employee works

8. Form of direct compensation where employers pay for performance beyond normal expectations to motivate employees to perform at higher levels

9. Mandatory benefits program set up as part of the Social Security Act that is designed to provide a subsistence payment to employees between jobs

10. Shows the number of people or organizations associated with data organized in a frequency distribution

11. Plans that allow employees of certain tax-exempt organizations to contribute pre-tax dollars toward retirement savings

12. Concept that states that jobs filled primarily by women should have the same job classification and salary as similar jobs filled by men

13. Act that made changes to rules regarding the ability of tax-exempt organizations to institute retirement plans modeled after 401(k) and IRA accounts and to the definition of highly compensated employees

14. Form of base pay that is dependent on the number of hours worked

15. System that shows preference to employees with the longest service

16. Pay that employees receive when they are called back for an extra shift in the same workday

17. Clauses written into executive contracts that provide special payments ot key executives who might lose their position or be otherwise disadvantaged if another company took control of the organization through a merger or acquisition; also known as go

18. Type of formula used in determining retirement plan payments where the employer pays a set dollar amount for each year of service under the plan

19. Payment paid to salespeople - usually calculated as a percentage of sales

20. Refers to pay earned by employees who work in an environment that is considered more risky from a safety or health point of view

21. Average of data that takes other factors such as the number of incumbents into account

22. Act that provides for continuation of group health-care benefits for former employees and their families

23. Under COBRA - an event - such as termination for reasons other than gross misconduct - that allows employees to continue their group health-care coverage for a specified period of time

24. Persons who live in one country and are employed by an organization based in another country

25. Full-choice health-care plan that allows covered employees to go to any qualified physician or hospital and submit claims to the insurance company

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