OBHR 3330 EXAM 3 REVIEW QUESTIONS
Know about the FLSA - Answers -The 1938 law that established the minimum wage
and overtime pay
Covers non-exempt jobs, like cashiers, stockers, and people who are usually paid
hourly
Overtime is time and a half for anything over 40 hours a week
Lowest threshold- states can go higher but not lower for overtime
Know the difference between HMO and PPO - Answers -HMO - Health maintenance
organization - A health care plan that provides benefits on a prepaid basis for
employees who are required to use only HMO medical service providers
Can't select your own doctors- most go to authorized professionals under the insurance
More premium but out of pocket
PPO - Preferred provider organization - A group of health care providers who contract
with employers, insurance companies and so forth to provide health care at a reduced
fee
Less premium but no out of pocket
Choose doctors
Understand the trends in union membership coverage- what are the benefits of being a
union member - Answers -Establishment and administration of the agreement
- How is this agreement going to be enforced?
Functions, rights, and responsibilities
- Clearly spelled out
Wage determination and administration
Job or income security
- You know what you will make
Plant operations
Paid and unpaid leave
Employee benefit plans
Special groups
Know the difference among
Job description
Job design
Job evaluation
Job enlargement
Job analysis - Answers -Job description: outlines essential responsibilities and
requirements
Job design: establishing roles and responsibilities
Job evaluation: comparing jobs with another organization to establish pay rate
Job enlargement: Adding more responsibilities
, Collective bargaining - Answers -Collective bargaining is one such institution, as are
related mechanisms such as mediation, arbitration, and participation in decision making
- Collective bargaining ultimately means you are represented by a union rather than
yourself. For example, a union member will ask for raises, not employees
Know the difference among
Feminine
Capitalist
Collectivist
Socialist
Communist - Answers -Feminine: "Feminine cultures promote values that have
traditionally been seen as feminine, such as putting relationships before money, helping
others, and preserving the environment" -textbook
Capitalist: "Capitalist systems attempt to reward individuals for their efforts by allowing
them to keep more of their earnings" -textbook
"Less opportunity to develop human capital without higher costs" - textbook
Collectivist: "In collectivist cultures, people are expected to look after the interest of the
larger community, which is expected to protect people when they are in trouble" -
textbook
Socialist: "ample opportunity to develop human capital because the education system is
free; however, there are little economic incentives to develop human capital because
there are no monetary rewards" -textbook
Communist- not in the textbook
FLSA - Answers -The 1938 law that established the minimum wage and overtime pay
Covers non-exempt jobs, like cashiers, stockers, and people who are usually paid
hourly
Overtime is time and a half for anything over 40 hours a week
Lowest threshold- states can go higher but not lower for overtime
difference among
pay grades
compensable factors
range spread
rate range
key jobs - Answers -Pay grades: Rate ranges (pay grades)- different employees in the
same job may have different pay rates as a result of:
- Employee performance
- Seniority
- Training
- Employees covered by a collective bargaining (union) agreement are subject to a
single rate of pay for the job
Compensable factors: The characteristics of jobs that an organization values and
chooses to pay for
- Like UTD would pay more for a PhD than an MBA
Know about the FLSA - Answers -The 1938 law that established the minimum wage
and overtime pay
Covers non-exempt jobs, like cashiers, stockers, and people who are usually paid
hourly
Overtime is time and a half for anything over 40 hours a week
Lowest threshold- states can go higher but not lower for overtime
Know the difference between HMO and PPO - Answers -HMO - Health maintenance
organization - A health care plan that provides benefits on a prepaid basis for
employees who are required to use only HMO medical service providers
Can't select your own doctors- most go to authorized professionals under the insurance
More premium but out of pocket
PPO - Preferred provider organization - A group of health care providers who contract
with employers, insurance companies and so forth to provide health care at a reduced
fee
Less premium but no out of pocket
Choose doctors
Understand the trends in union membership coverage- what are the benefits of being a
union member - Answers -Establishment and administration of the agreement
- How is this agreement going to be enforced?
Functions, rights, and responsibilities
- Clearly spelled out
Wage determination and administration
Job or income security
- You know what you will make
Plant operations
Paid and unpaid leave
Employee benefit plans
Special groups
Know the difference among
Job description
Job design
Job evaluation
Job enlargement
Job analysis - Answers -Job description: outlines essential responsibilities and
requirements
Job design: establishing roles and responsibilities
Job evaluation: comparing jobs with another organization to establish pay rate
Job enlargement: Adding more responsibilities
, Collective bargaining - Answers -Collective bargaining is one such institution, as are
related mechanisms such as mediation, arbitration, and participation in decision making
- Collective bargaining ultimately means you are represented by a union rather than
yourself. For example, a union member will ask for raises, not employees
Know the difference among
Feminine
Capitalist
Collectivist
Socialist
Communist - Answers -Feminine: "Feminine cultures promote values that have
traditionally been seen as feminine, such as putting relationships before money, helping
others, and preserving the environment" -textbook
Capitalist: "Capitalist systems attempt to reward individuals for their efforts by allowing
them to keep more of their earnings" -textbook
"Less opportunity to develop human capital without higher costs" - textbook
Collectivist: "In collectivist cultures, people are expected to look after the interest of the
larger community, which is expected to protect people when they are in trouble" -
textbook
Socialist: "ample opportunity to develop human capital because the education system is
free; however, there are little economic incentives to develop human capital because
there are no monetary rewards" -textbook
Communist- not in the textbook
FLSA - Answers -The 1938 law that established the minimum wage and overtime pay
Covers non-exempt jobs, like cashiers, stockers, and people who are usually paid
hourly
Overtime is time and a half for anything over 40 hours a week
Lowest threshold- states can go higher but not lower for overtime
difference among
pay grades
compensable factors
range spread
rate range
key jobs - Answers -Pay grades: Rate ranges (pay grades)- different employees in the
same job may have different pay rates as a result of:
- Employee performance
- Seniority
- Training
- Employees covered by a collective bargaining (union) agreement are subject to a
single rate of pay for the job
Compensable factors: The characteristics of jobs that an organization values and
chooses to pay for
- Like UTD would pay more for a PhD than an MBA
