Question 1

Which of the following requires employers to pay social security tax for employees and to withhold the tax amount from employee paychecks?

Options :

A : Fair Labor Standards Act (FLSA)

B : Occupational Safety and Health Administration (OSHA)

C : Federal Insurance Contributions Act (FICA)

D : Employee Retirement Income Security Act (ERISA)

Answer: C

Question 2

Your organization is using the whole job ranking technique as part of its non-quantitative job evaluation. Which one of the following best describes the whole job ranking technique?

Options :

A : Jobs are ranked from lowest to highest according to the importance that each job holds

B : Jobs are reviewed based on the entire performance of the organization in each category

C : Jobs are categorized into broad categories or levels.

D : New jobs are categorized into an existing hierarchy of jobs within the organization

Answer: A

Question 3

What is the FairPay amount that defines, what a person makes, to be considered highly compensated?

Options :

A : $110,000 or more

B : $150,000 or more

C : $100,000 or more

D : $125,000 or more

Answer: C

Question 4

Which of the following are the key components of gainsharing? Each correct answer represents a complete solution. Choose three.

Options :

A : The organization and the employees share the financial gains

B : If goals for improvements are met, employees and managers share the success

C : Managers and employees provide their part of salary for charity

D : Employees and management work together for reviewing organizational performance

Answer: A,B,D

Question 5

Management and union representatives are working through a collective bargaining agreement. What term is used in this process to describe arbitration that is used to resolve conflicts around contract language in the collective bargaining agreement?

Options :

A : Decisions

B : Permanent arbitration

C : Interest arbitration

D : Ad hoc arbitration

Answer: C