hrm 324,uop hrm 324,uop hrm 324 complete course,uop hrm 324 entire course Flashcards
HRM 324 Complete Class
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UOP HRM 324 Final Exam Guide
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- Base pay defined is?
a. Pay by the drink
b. Hourly or annual salary
c. Service fees
d. A fee that is paid per project - How is base pay adjusted over time?
a. Cost of living adjustments
b. Seniority pay, merit pay
c. Incentive pay, person focused pay
d. All of the above - Extrinsic compensation includes?
a. Base salaries and bonuses
b. Jobs that provide autonomy
c. Both monetary and nonmonetary rewards
d. Traditional pay
4) Competency based can be defined as?
a. Two basic types of focused pay programs, pay for knowledge and skill base pay
b. Compensation for longevity
c. Phased wage approach
d. Retirement compensation
5) Pay for knowledge can be defined as?
a) Rewards for managerial, service, or professional workers for successfully learning specific curricula
b) Consultant fees
c) Measures labor productivity
6) Skill-based pay defined is?
a) Employees who work on computers
b) A term used mostly for employees who do physical work
c) Trade that deals mainly with the restaurants industry
d) Skills considered supervisory
7) Incentive pay defined is?
a. Augments employees base pay
b. Appears as a one-time payment
c. Employees usually receive a combination of recurring base pay and incentive pay
d. All of the above
8) Incentive pay plans can be broadly classified into what 3 categories.
a) Store sales, profit levels, customer quality
b) Cost savings, reduction, services
c) Individual incentive plans, group incentive plans, company wide plans
d) Number of units produced, amount of sales, error rate
9) Individual incentive pay plans are most appropriate under what 3 conditions?
a) Where employee’s performance can be measured objectively, employees have sufficient control over work outcomes; incentive plans do not create a level of unhealthy competition
b) Piecework plans, management incentive plans, referral plans
c) Pay and performance relationships, strive for excellence, incentive awards with job performance
10) Pension plans that entitle employers and employees to substantial tax benefits are known as:
a. Qualified plans
b. Nonqualified plans
c. Plan termination and procedures
d. PBGC
11) Qualified pension plans posses’ 13 fundamental characteristics.
a) True
b) False
12) Qualified pension plans are subject to minimum accrual rules based on the Internal Revenue Code and ERISA.
a) True
b) False
13) Under an international setting, Home Country-Based Method is?
a. A method that compensates expatriates’ the amount they would receive if they were performing similar work in the United States
b. Court compensation
c. A standard benefit program
d. Hardship allowance
14) How many methods are there for calculating base pay for U.S. expatriates.
a) 1
b) 3
c) 2
d) 4
15) Hardship allowances compensate expatriates for their sacrifices while on assignment’s.
a. True
b. False
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HRM 324 Final Exam
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- Base pay defined is?
a. Pay by the drink
b. Hourly or annual salary
c. Service fees
d. A fee that is paid per project - How is base pay adjusted over time?
a. Cost of living adjustments
b. Seniority pay, merit pay
c. Incentive pay, person focused pay
d. All of the above - Extrinsic compensation includes?
a. Base salaries and bonuses
b. Jobs that provide autonomy
c. Both monetary and nonmonetary rewards
d. Traditional pay
4) Competency based can be defined as?
a. Two basic types of focused pay programs, pay for knowledge and skill base pay
b. Compensation for longevity
c. Phased wage approach
d. Retirement compensation
5) Pay for knowledge can be defined as?
a) Rewards for managerial, service, or professional workers for successfully learning specific curricula
b) Consultant fees
c) Measures labor productivity
6) Skill-based pay defined is?
a) Employees who work on computers
b) A term used mostly for employees who do physical work
c) Trade that deals mainly with the restaurants industry
d) Skills considered supervisory
7) Incentive pay defined is?
a. Augments employees base pay
b. Appears as a one-time payment
c. Employees usually receive a combination of recurring base pay and incentive pay
d. All of the above
8) Incentive pay plans can be broadly classified into what 3 categories.
a) Store sales, profit levels, customer quality
b) Cost savings, reduction, services
c) Individual incentive plans, group incentive plans, company wide plans
d) Number of units produced, amount of sales, error rate
9) Individual incentive pay plans are most appropriate under what 3 conditions?
a) Where employee’s performance can be measured objectively, employees have sufficient control over work outcomes; incentive plans do not create a level of unhealthy competition
b) Piecework plans, management incentive plans, referral plans
c) Pay and performance relationships, strive for excellence, incentive awards with job performance
10) Pension plans that entitle employers and employees to substantial tax benefits are known as:
a. Qualified plans
b. Nonqualified plans
c. Plan termination and procedures
d. PBGC
11) Qualified pension plans posses’ 13 fundamental characteristics.
a) True
b) False
12) Qualified pension plans are subject to minimum accrual rules based on the Internal Revenue Code and ERISA.
a) True
b) False
13) Under an international setting, Home Country-Based Method is?
a. A method that compensates expatriates’ the amount they would receive if they were performing similar work in the United States
b. Court compensation
c. A standard benefit program
d. Hardship allowance
14) How many methods are there for calculating base pay for U.S. expatriates.
a) 1
b) 3
c) 2
d) 4
15) Hardship allowances compensate expatriates for their sacrifices while on assignment’s.
a. True
b. False
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UOP HRM 324 Week 1 Assignment Organizational Objectives and Total Compensation in Different Markets (2 Papers)
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HRM 324 Week 1 Assignment Organizational Objectives and Total Compensation in Different Markets (2 Papers)
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HRM 324 Week 1 DQ 1
Describe your reaction to the following statement: Compensation has no bearing on a company’s performance.
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HRM 324 Week 1 DQ 2
What roles do national and organizational culture play in compensation?
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HRM 324 Week 1 Individual Legal Issues in Compensation
Assume the role of a human resources (HR) consultant. Unsure of legal obligations in designing a total compensation plan, a client has asked you to explain how certain laws and regulations affect total compensation in their organization. The client’s organization employs 200 people, is a federal contractor, and operates in the biotech industry.
• Write a 350- to 700-word paper discussing at least 3 laws/regulations influencing total compensation.
• Format your paper according to APA standards.
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UOP HRM 324 Week 2 Compensation Evaluation Plan (2 Papers) NEW
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This Tutorial contains 2 Papers
You were hired to work as a HR Consultant for a small local hospital, with the task of expanding the workforce of certified medical assistants. Looking at the current three employees, you find a discrepancy in compensation between Susi, a 2-year employee at
$28,000, Tom, 5-year employee at $27,000, and Raul, a 10-year employee at $33,000. All are employed as certified medical assistants, yet they all make different amounts of money.
According to survey data, all three employees are below the market rate for this job in the local job market. All three employees are also exemplary employees with near perfect scores in their most recent performance evaluation.
Write a 700- to 1,050-word paper that includes the following: Explain the discrepancy in pay among the current employees. Describe the strategy you would take to correct the internal equity issue. Describe the strategy you would take to correct the external equity issue.
Explain how you will ensure that new hires will be paid equitably both internally and externally.
Explain how an organization’s Total Compensation strategy affects an organization’s financial operations and its ability to attract, motivate, and retain top talent.
Cite all sources according to APA formatting guidelines.
Click the Assignment Files tab to submit your paper.
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HRM 324 Week 2 DQ 1
What is job analysis? Oftentimes job analysis is associated with staffing, but how does it relate to compensation?
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HRM 324 Week 2 DQ 2
How does an employer go about determining if their pay is market competitive?
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HRM 324 Week 2 Individual Internal and External Equity Comparison
Write a 700-1,050 word paper in which you explore the concepts of internal and external equity in compensation. Define what it means to have internally equitable and externally equitable compensation system; how does an organization achieve an internally and externally equitable compensation system? Describe what could happen if an organization’s compensation system lacks internal and external equity. Format and cite your paper according to APA standards.
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HRM 324 Week 2 Learning Team Wage Management
As a team write a 700-1,050 word paper in which you explore how a small start up organization’s compensation program would differ from that of a Fortune 500 organization. Comment on how the these two organizations would likely establish salaries for their employees, if and how they would give raises, if and how they would account for competitor’s pay, etc… Format and cite your paper according to APA standards.
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UOP HRM 324 Week 3 Candidate Analysis NEW
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This Tutorial contains 2 Papers
You have two employment candidates for a marketing position. Both have similar educational backgrounds and certifications. However, the first candidate has 20 years of related experience while the second candidate has 6 years of similar experience.
The first candidate is asking for a competitive base salary plus one week extra vacation as part of the benefits package. The second candidate is asking for a competitive base salary plus a company smart phone (upgraded each year), and paid Internet service at home. The first candidate is willing to work a flexible schedule (nights, weekends, etc.), while the second candidate prefers to work remotely from home. Both are requesting to be included in the
company’s annual bonus plan.
Write a 700- to 1,050-word paper that includes the following: Compare the direct and indirect compensation requests for each candidate. As an HR professional, what do you think is the best hiring decision for the company
and why?
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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HRM 324 Week 3 DQ 1
Does your employer have a pay for performance philosophy? If so, how is this philosophy executed? If your organization does not have a pay for performance philosophy, what are changes to pay based on?
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HRM 324 Week 3 DQ 2
Discuss your views about whether discretionary employee benefits should be an entitlement or something earned based on job performance.
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