-Attraction
-Retention
-Motivation correct answers What is the focus of compensation?
Everyone correct answers It is important to be equitable to _________.
-Fair Pay
-Safety nets for unemployed and disadvantaged
-Employee protection
-Consumer protection correct answers What are the government's areas of concern when it
comes to compensation?
Supply and Demand correct answers Government policy influences ________________ for
labor.
-Re-evaluating recruitment and promotion processes
-Conducting gender pay or pay equity diagnosis
-Increasing communication of policies and benefits that promote an inclusive culture correct
answers What are US employers planning to do to prevent bias in pay decisions?
-Minimum Wage
-Child Labor
-Hours of Work
-Equal Pay Act (1963) correct answers What are the major provisions in the Fair Labor Standards
Act (FLSA)- 1938?
, -Exempt (salaried)
-Non-Exempt (hourly) correct answers What are the two categories of FLSA?
Exempt (salaried) correct answers Jobs that meet the criteria of one of the five exemption tests
and therefore ARE NOT covered by the FLSA (not eligible for overtime)
Non-Exempt (hourly) correct answers Jobs that cannot satisfactorily meet the criteria of one of
the five exemption tests and are therefore ARE covered by the FLSA (eligible for overtime)
-Executive
-Administrative
-Professional
-Computer Occupations (1990)
-Outside Sales correct answers What are the 5 FLSA exemption tests?
-Over 40 hours worked in a work week
-Work week must be defined by employer and applied consistently
-No limit to how many hours can be worked
-Hours cannot be 'balanced over a two week pay period
-Only covers hours actually worked by an employee
-Holiday/vacation does not count towards 40 hours
-No overtime liability for FMLA leave correct answers How does FLSA determine overtime
pay?
FLSA- Equal Pay Act (1963) correct answers Forbids wage discrimination on the basis of gender
when:
-Employees perform equal work in the same establishment
-Employees perform jobs requiring equal skill, effort, and responsibility under similar working
conditions