PSHRA CERTIFICATION COMPREHENSIVE TEST
SCRIPT 2026 SOLUTIONS VERIFIED
◉ Hay System. Answer: A job evaluation method that involves
evaluating a worker's job knowledge, problem solving abilities,
accountability as compensable factors. A point system that is linked
to job characteristics is used to determine the minimum salary
requirements.
◉ Wage Compression. Answer: Situation that occurs when new
employees are hired at a pay rate that is greater than the incumbent
pay for similar skills, education, and experience. This occurs during
periods of high economic growth or when certain skill sets are in
high demand.
◉ Employee Retirement Income Security Act (ERISA). Answer:
Federal law that increased the responsibility of pension plan
trustees to protect retirees, established certain rights related to
vesting and portability, and created the Pension Benefit Guarantee
Corporation
◉ Consolidated Omnibus Budget Reconciliation Act (COBRA).
Answer: The coverage can last for 18 months from the date you elect
coverage. However, dependents can receive up to 36 months of
,coverage if you switch to Medicare, get divorced, or die. Otherwise,
they're covered for 18 months as well.
◉ Health Insurance Portability and Accountability Act (HIPAA).
Answer: An act that protects health insurance coverage for workers
and their families when they change jobs. it prohibits health benefit
discrimination toward employees based on pre-existing health
conditions.It also protects patient information. If confidentiality of a
patient is breached, severe fines may be imposed.
◉ Delphi Technique. Answer: a group process that uses physically
dispersed experts who fill out questionnaires to anonymously
generate ideas; the judgments are combined and in effect averaged
to achieve a consensus of expert opinion
◉ Cafeteria Plans. Answer: - Also called Section 125 plans
- Employee benefits are paid for on a pretax basis, which amounts
for valuable savings
◉ Tactical Accountability Measures. Answer: Job Satisfaction,
Organizational Commitment and Involvement, Training Cost per
Employee, Cost per Hire, Turnover and Retention, Absenteeism and
sick leave use/frequency, Grievance Rates, Terminations
,◉ Free Application for Federal Student Aid (FAFSA). Answer:
Federal Student Aid, a part of the U.S. Department of Education, is
the largest provider of student financial aid in the nation, provides
grants, loans, and work-study funds for college or career school.
◉ Omnibus Budget Reconciliation Act (OBRA). Answer: an act
passed in 1987 to improve the quality of life for people who live in
long-term care facilities by making sure that residents receive a
certain standard of care
◉ Reduction in Force (RIF). Answer: Termination of employment of
individual employees and groups of employees for reasons other
than performance, for example, economic necessity or restructuring;
also known as downsizing.
◉ Rabbi Trust. Answer: A form of employee benefit in which an
employer establishes a trust to provide nonqualified deferred
compensation to certain key employees. The trust usually contains
restrictions on revocation and is subject to claims of general
creditors of the employer. Employer contributions are not taxable as
income to the employee at the time of contribution. Any income
earned prior to distribution to the employee is taxed to the
employer. The name "rabbi" originated because the first plan of this
type reviewed by the IRS concerned a trust established for a rabbi.
◉ Non Qualified Plans. Answer: Retirement plans that do not meet
the requirements of ERISA are known as non-qualified plans
, These plans often discriminate in favor of the highly paid employees
and often have no vesting prior to retirement age
The contributions paid in by employers are not tax deductible
until the employee actually receives the funds
◉ Kurt Lewin's Change Process. Answer: Unfreeze
Movement/Change
Refreeze
◉ Uniformed Services Employment and Reemployment Rights Act
(USERRA). Answer: This act prevents private employers from
discriminating against uniformed service members who must leave
for service and later return to civilian work.
◉ Vietnam Era Veterans Readjustment Assistance Act
(VEVRAA)(VEVRAA). Answer: Aequires covered federal government
contractors and subcontractors to take affirmative action to employ
and advance in employment specified categories of veterans
protected by the Act and prohibits discrimination against such
veterans.
◉ Patient Protection and Affordable Care Act (PPACA). Answer:
2010 law that requires virtually all citizens
SCRIPT 2026 SOLUTIONS VERIFIED
◉ Hay System. Answer: A job evaluation method that involves
evaluating a worker's job knowledge, problem solving abilities,
accountability as compensable factors. A point system that is linked
to job characteristics is used to determine the minimum salary
requirements.
◉ Wage Compression. Answer: Situation that occurs when new
employees are hired at a pay rate that is greater than the incumbent
pay for similar skills, education, and experience. This occurs during
periods of high economic growth or when certain skill sets are in
high demand.
◉ Employee Retirement Income Security Act (ERISA). Answer:
Federal law that increased the responsibility of pension plan
trustees to protect retirees, established certain rights related to
vesting and portability, and created the Pension Benefit Guarantee
Corporation
◉ Consolidated Omnibus Budget Reconciliation Act (COBRA).
Answer: The coverage can last for 18 months from the date you elect
coverage. However, dependents can receive up to 36 months of
,coverage if you switch to Medicare, get divorced, or die. Otherwise,
they're covered for 18 months as well.
◉ Health Insurance Portability and Accountability Act (HIPAA).
Answer: An act that protects health insurance coverage for workers
and their families when they change jobs. it prohibits health benefit
discrimination toward employees based on pre-existing health
conditions.It also protects patient information. If confidentiality of a
patient is breached, severe fines may be imposed.
◉ Delphi Technique. Answer: a group process that uses physically
dispersed experts who fill out questionnaires to anonymously
generate ideas; the judgments are combined and in effect averaged
to achieve a consensus of expert opinion
◉ Cafeteria Plans. Answer: - Also called Section 125 plans
- Employee benefits are paid for on a pretax basis, which amounts
for valuable savings
◉ Tactical Accountability Measures. Answer: Job Satisfaction,
Organizational Commitment and Involvement, Training Cost per
Employee, Cost per Hire, Turnover and Retention, Absenteeism and
sick leave use/frequency, Grievance Rates, Terminations
,◉ Free Application for Federal Student Aid (FAFSA). Answer:
Federal Student Aid, a part of the U.S. Department of Education, is
the largest provider of student financial aid in the nation, provides
grants, loans, and work-study funds for college or career school.
◉ Omnibus Budget Reconciliation Act (OBRA). Answer: an act
passed in 1987 to improve the quality of life for people who live in
long-term care facilities by making sure that residents receive a
certain standard of care
◉ Reduction in Force (RIF). Answer: Termination of employment of
individual employees and groups of employees for reasons other
than performance, for example, economic necessity or restructuring;
also known as downsizing.
◉ Rabbi Trust. Answer: A form of employee benefit in which an
employer establishes a trust to provide nonqualified deferred
compensation to certain key employees. The trust usually contains
restrictions on revocation and is subject to claims of general
creditors of the employer. Employer contributions are not taxable as
income to the employee at the time of contribution. Any income
earned prior to distribution to the employee is taxed to the
employer. The name "rabbi" originated because the first plan of this
type reviewed by the IRS concerned a trust established for a rabbi.
◉ Non Qualified Plans. Answer: Retirement plans that do not meet
the requirements of ERISA are known as non-qualified plans
, These plans often discriminate in favor of the highly paid employees
and often have no vesting prior to retirement age
The contributions paid in by employers are not tax deductible
until the employee actually receives the funds
◉ Kurt Lewin's Change Process. Answer: Unfreeze
Movement/Change
Refreeze
◉ Uniformed Services Employment and Reemployment Rights Act
(USERRA). Answer: This act prevents private employers from
discriminating against uniformed service members who must leave
for service and later return to civilian work.
◉ Vietnam Era Veterans Readjustment Assistance Act
(VEVRAA)(VEVRAA). Answer: Aequires covered federal government
contractors and subcontractors to take affirmative action to employ
and advance in employment specified categories of veterans
protected by the Act and prohibits discrimination against such
veterans.
◉ Patient Protection and Affordable Care Act (PPACA). Answer:
2010 law that requires virtually all citizens
