HUMAN RESOURCE MANAGEMENT -
EXAM 3 QUESTIONS AND ANSWERS
WITH VERIFIED SOLUTIONS 2024
Which of the following is an example of voluntary turnover? - ANSWER Retirement
_____ refers to a judgment that fair methods were used to determine the consequences an employee
receives. - ANSWER Procedural justice
_____ is a principle of discipline that advocates giving clear warning and following up with consistent,
objective, and immediate consequences. - ANSWER Hot-stove rule
_____ is the process of resolving disputes by taking them to a panel composed of representatives from
the organization at the same levels as the people in the dispute. - ANSWER Peer review
_____ refers to a binding process in which a professional judge from outside the organization hears the
case and resolves it by making a decision. - ANSWER Arbitration
_____ is a referral service that existing employees can use to seek professional treatment for emotional
problems or substance abuse. - ANSWER Employee assistance program
_____ is a service in which professionals try to help dismissed employees manage the transition from
one job to another. - ANSWER Outplacement counseling
_____ refers to pervasive low levels of satisfaction with all aspects of life, compared with other people's
feelings. - ANSWER Negative affectivity
_____ represents a state in which too many expectations or demands are placed on a person. - ANSWER
Role overload
Which of the following is the first step in the role analysis technique? - ANSWER Members of the role set
write expectations for the role.
, _____ consists of the relative pay for different jobs within the organization. - ANSWER Job structure
Which of the following is the federal law that establishes a minimum wage, requirements for overtime
pay, and child labor? - ANSWER Fair Labor Standards Act
The overtime rate applies to the hours worked beyond _____ hours in one week. - ANSWER 40
An employee's base wage rate is $15/hour. She also gets a weekly bonus of $60. What is her overtime
rate? - ANSWER $24.75/hour
Which of the following statements is true of labor markets? - ANSWER Competitors in labor markets
typically include companies with similar products.
To conduct a job evaluation, the job evaluation committee identifies each job's _____, meaning the
characteristics of a job that the organization values and chooses to pay for. - ANSWER compensable
factors
The rate of pay for each week, month, or year worked is known as: - ANSWER salary.
The horizontal axis of a pay policy line measures the: - ANSWER points from the job evaluation.
_____ refers to a set of possible pay rates defined by a minimum, maximum, and midpoint of pay for
employees holding a particular job or a job within a particular pay grade - ANSWER Pay range
Which of the following compa-ratio values is an indication that an organization is paying more than
planned for human resources? - ANSWER 1.25
_____ is a collective term used to refer to various forms of pay linked to an employee's performance as
an individual, group member, or organization member. - ANSWER Incentive pay
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller PASSINGPOINT. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.