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HRMN 3420 EXAM 4 – WALKER UPDATED 2025-2026
WITH ALL NEW QUESTIONS AND EXACTLY RIGHT
ANSWERS | A+ QUALITY GUARANTEE
Expectancy Theory
Ans: effort -> performance -> rewards -> valence (value)
expectancy
Ans: the link between effort and performance
instrumentality
Ans: the link between performance and rewards
Equity Theory
Ans: all living beings have a desire to be treated fairly
three important considerations of equity theory
Ans: 1. inputs
2. outputs
3. comparison other
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over reward
Ans: having the same inputs as someone else but you're receiving more outputs than the
comparison other
under reward
Ans: having the same inputs as someone else but you're receiving less outputs than the
comparison other.
Entitlement philosophy
Ans: individual that works another year is entitled to a raise
pay is directly related to...
Ans: performance
Fair Labor Standards Act
Ans: -sets minimum wage at $7.25; $2.13 for servers
-child labor laws
-exempt/nonexempt statuses
-overtime pay
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child labor provisions
Ans: -individuals age 13-14 can work outside of school hours if working in non-dangerous
conditions
-16+ can't work in dangerous occupations, but there's no hourly limit
-18+ no work restrictions
exempt and non-exempt statuses
Ans: -exempt employees must be salaried (must make $23,600 a year)
-nonexempt employees are entitled to overtime pay
overtime pay
Ans: time and a half paid for every hour over 40hrs per week
internal pay structure
Ans: compensable factor approach states that during job
analysis, we identify certain factors we think are important and are willing to comp
employees for ex: skill level required
external pay structure
HRMN 3420 EXAM 4 – WALKER UPDATED 2025-2026
WITH ALL NEW QUESTIONS AND EXACTLY RIGHT
ANSWERS | A+ QUALITY GUARANTEE
Expectancy Theory
Ans: effort -> performance -> rewards -> valence (value)
expectancy
Ans: the link between effort and performance
instrumentality
Ans: the link between performance and rewards
Equity Theory
Ans: all living beings have a desire to be treated fairly
three important considerations of equity theory
Ans: 1. inputs
2. outputs
3. comparison other
,2|Page
over reward
Ans: having the same inputs as someone else but you're receiving more outputs than the
comparison other
under reward
Ans: having the same inputs as someone else but you're receiving less outputs than the
comparison other.
Entitlement philosophy
Ans: individual that works another year is entitled to a raise
pay is directly related to...
Ans: performance
Fair Labor Standards Act
Ans: -sets minimum wage at $7.25; $2.13 for servers
-child labor laws
-exempt/nonexempt statuses
-overtime pay
, 3|Page
child labor provisions
Ans: -individuals age 13-14 can work outside of school hours if working in non-dangerous
conditions
-16+ can't work in dangerous occupations, but there's no hourly limit
-18+ no work restrictions
exempt and non-exempt statuses
Ans: -exempt employees must be salaried (must make $23,600 a year)
-nonexempt employees are entitled to overtime pay
overtime pay
Ans: time and a half paid for every hour over 40hrs per week
internal pay structure
Ans: compensable factor approach states that during job
analysis, we identify certain factors we think are important and are willing to comp
employees for ex: skill level required
external pay structure
