Question 1

Which of the following statements is true about the Fair Labor Standards Act (FLSA)?
A)The current minimum wage set by the FLSA is $5.25 per hour.
B)It states that employees cannot be made to work overtime.
C)Exempt employees are eligible for overtime pay.
D)It exempts executive,professional,and administrative occupations from FLSA coverage.
E)Under FLSA,exempt status is independent of job responsibilities and salary.

Accepted Answer

The Fair Labor Standards Act (FLSA) exempts executive, professional, and administrative occupations from its coverage, meaning these employees are not eligible for overtime pay. The current minimum wage set by the FLSA is $7.25 per hour. The FLSA mandates overtime pay of at least 1.5 times the regular rate of pay for all hours worked over 40 hours per week for non-exempt employees. Exempt status is determined based on job responsibilities and salary, and exempt employees are not eligible for overtime pay.

Question 2

Distinguish between external equity pay comparisons and internal equity pay comparisons.

Accepted Answer

The answer of Distinguish between external equity pay comparisons and...

Question 3

Explain the role of employee participation in compensation decision-making.

Accepted Answer

The answer of Explain the role of employee participation in...

Question 4

The Walsh-Healy Act covers
A)all government contractors receiving $10,000 or more in federal funds.
B)executive,professional,and administrative occupations that are exempt from FLSA coverage.
C)all private retail firms in the United States that receive no federal funds.
D)construction contractors receiving federal money of more than $2,000.
E)manufacturing units that employ less than 2,000 employees.

Accepted Answer

The Walsh-Healy Act covers all government contractors who receive $10,000 or more in federal funds.

Question 5

As per the Fair Labor Standards Act,the current minimum wage stands at
A)$8.85 per hour.
B)$9.40 per hour.
C)$7.25 per hour.
D)$10.50 per hour.
E)$8.30 per hour.

Accepted Answer

As of July 24, 2009, the federal minimum wage is $7.25 per hour, as established by the Fair Labor Standards Act. While individual states may choose to set their own minimum wage rates, they cannot go below the federal minimum wage.

Question 6

Which of the following acts requires federal contractors to pay employees no less than the prevailing wages in the area?
A)Walsh-Healy Public Contracts Act
B)McNamara-O'Hara Service Contract Act (SCA)
C)Fair Labor Standards Act
D)Lilly Ledbetter Fair Pay Act
E)Equal Pay Act of 1963

Accepted Answer

The Walsh-Healy Public Contracts Act requires federal contractors to pay employees no less than the prevailing wages in the area.

Question 7

Which of the following occupations is exempt from the Fair Labor Standards Act (FLSA)?
A)First responder
B)Executive
C)Firefighter
D)Paramedic
E)Police

Accepted Answer

The FLSA provides exemptions for certain executive, administrative, and professional employees who meet specific job duties and salary requirements. First responders, firefighters, paramedics, and police employees are not exempt from the FLSA.

Question 8

Compare and contrast key jobs with nonkey jobs.

Accepted Answer

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Question 9

The Davis-Bacon Act covers
A)all government contractors receiving $10,000 or more in federal funds.
B)executive,professional,and administrative occupations that are exempt from FLSA coverage.
C)all private retail firms in the United States that receive no federal funds.
D)construction contractors receiving federal money of more than $2,000.
E)manufacturing units that employ more than 2,000 employees.

Accepted Answer

The Davis-Bacon Act specifically applies to construction contractors who receive federal money of more than $2,000.

Question 10

What is skill-based pay,and what are its advantages?

Accepted Answer

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Question 11

Darcy is frustrated by the ________ that has kept her from becoming the first woman to be the CEO at her company.
A)departmentalization
B)decentralization
C)glass ceiling
D)benchmarking
E)centralization

Accepted Answer

The "glass ceiling" is a term used to describe an invisible barrier that prevents women and minorities from advancing to executive positions within their organizations, even though they may have the necessary qualifications and skills. Darcy is frustrated by this barrier, as she believes it is preventing her from becoming the first woman to be the CEO at her company.

Question 12

Using the equity theory describe how employees perceive fairness.

Accepted Answer

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Question 13

The Fair Labor Standards Act (FLSA)
A)established an eight-hour workday.
B)established the requirement for paying prevailing wages on public works projects.
C)laid the responsibility of economic stability onto the federal government.
D)established a minimum wage for jobs.
E)failed to set pay regulations for overtime work.

Accepted Answer

The Fair Labor Standards Act (FLSA) established a minimum wage for jobs. It did not establish an eight-hour workday or lay the responsibility of economic stability onto the federal government. Prevailing wage requirements are established by the Davis-Bacon Act. While the FLSA does set regulations for overtime pay (1.5 times the regular rate for hours worked over 40 in a workweek), it is not true that it failed to set pay regulations for overtime work. Therefore, choice D is the best answer.

Question 14

How does product location impact labor-related factors?

Accepted Answer

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Question 15

Which department enforces standards and guidelines put in place to minimize pay disparities found through regression analyses?
A)Department of Justice
B)Department of Labor
C)Department of Law
D)Bureau of Labor Statistics
E)Department of Commerce

Accepted Answer

The Department of Labor enforces standards and guidelines related to pay disparities. Its Office of Federal Contract Compliance Programs conducts regression analyses to determine pay disparities and takes corrective action when necessary. The other departments mentioned do not have a specific focus on enforcing pay equity standards.

Question 16

Differentiate between pay level and job structure with an example.

Accepted Answer

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Question 17

According to the Fair Labor Standards Act,
A)employees should be paid at the rate of one and a half times their hourly rate for overtime worked beyond 40 hours in a week.
B)federal contractors should pay employees no less than the prevailing wages in the area.
C)outside sales employees are included in the coverage.
D)employers who are not aware of the overtime work done by the employees are violating the law.
E)occupations that have hourly wages are exempt from the law.

Accepted Answer

The Fair Labor Standards Act mandates that employees must be paid at least one and a half times their regular hourly rate for any overtime worked beyond 40 hours in a week.

Question 18

Discuss some of the concerns over the Equal Employment Opportunity (EEO)regulation.

Accepted Answer

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Question 19

Explain the reasons for the controversy over executive pay.

Accepted Answer

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Question 20

Describe the potential limitations of using a job-based pay structure.

Accepted Answer

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Quiz 11: Pay Structure Decisions

Which of the following statements is true about the Fair Labor Standards Act (FLSA) ?

Distinguish between external equity pay comparisons and internal equity pay comparisons.

Explain the role of employee participation in compensation decision-making.

The Walsh-Healy Act covers

As per the Fair Labor Standards Act,the current minimum wage stands at

Which of the following acts requires federal contractors to pay employees no less than the prevailing wages in the area?

Which of the following occupations is exempt from the Fair Labor Standards Act (FLSA) ?

Compare and contrast key jobs with nonkey jobs.

The Davis-Bacon Act covers

What is skill-based pay,and what are its advantages?

Darcy is frustrated by the ________ that has kept her from becoming the first woman to be the CEO at her company.

Using the equity theory describe how employees perceive fairness.

The Fair Labor Standards Act (FLSA)

How does product location impact labor-related factors?

Which department enforces standards and guidelines put in place to minimize pay disparities found through regression analyses?

Differentiate between pay level and job structure with an example.

According to the Fair Labor Standards Act,

Discuss some of the concerns over the Equal Employment Opportunity (EEO)regulation.

Explain the reasons for the controversy over executive pay.

Describe the potential limitations of using a job-based pay structure.