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Regulatory Environments for Compensation Programs Questions and Answers

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Question 1

Which one of the following should be included in a compensation guide for managers?

Options:

A.

Information on common management processes

B.

The consequences of various disciplinary measures

C.

Individual salary rates of employees in their department

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Question 2

Which type of base pay is typically based on an individual employee's rate of production?

Options:

A.

Hourly rate

B.

Salary

C.

Piece rate

D.

Production rate   

Question 3

Which of the following scenarios best describes a contract worker?

Options:

A.

A technician who works a scheduled shift and performs tasks as assigned according to specifications.

B.

A computer programmer who telecommutes, uses her own equipment and works for multiple employers

C.

An accounts payable specialist who works at the company site utilizing an internal A/P system and pays vendors according to company procedures.

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