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| Section | Objectives |
|---|---|
| Topic 1: Compensation Program Administration | - Program Design Compliance
|
| Topic 2: Government and Labor Regulations | - Labor Relations
|
| Topic 3: Equal Employment and Pay Equity | - Compensation Dispute Prevention
|
| Topic 4: Compensation Regulatory Framework | - Federal Compensation Laws
|
1. Under the Equal Pay Act, which is an acceptable defense to justify differences between the rates of pay for men and women assigned to the same job?
A) The women are all graduates of the most prestigious schools, and graduates from those schools command higher salaries.
B) The male employees have substantially more education than the female employees.
C) The differential is due to the fact that the men have more seniority with the employer.
D) All of the women have some professional certification or registration, whereas none of the men have comparable credentials.
2. A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?
A) Coordination of benefits
B) Deductible
C) Out-of-pocket expenses
D) Coinsurance
3. What type of equity incentive gives employees the right to purchase company shares at a specified price?
A) Stock/share grants
B) Restricted stock/shares
C) Stock/share options
D) Performance units
4. What is the top line or starting point of an organization's income?
A) Operating profit
B) Revenue
C) Gross profit
D) Net income
5. Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?
A) Severance allowances
B) Paid time off (PTO) bank
C) Personal leave
D) Sabbatical
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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