hrm 485 exam 1 UPDATED ACTUAL Questions And Correct Answers
Terms in this set (50)
Human Capital Theory states that employees knowledge and skills generate productive capital
Competitive Advantage A companies ability to sustain market share and profitability for several years
running
Skills, Effort, Responsibility, Working Conditions 4 Universal compensable factors
Collective Bargaining Agreement These describe the terms of employment that are set between management and
union bargaining representatives
FLSA (Fair Labor Standards Act) Federal law that establishes a national minimum wage for employees involved in
commerce, as well as prohibits most employment of minors in oppressive child
labor
Workers comp These programs granted income to workers who were unable to work due to
injuries sustained while on the job
Disparate Impact A policy that applies to all company employees but unintentionally hurts a
protected group disproportionately
American Disabilities Act This law makes it illegal to discriminate against people with physical and mental
disabilities both within and outside employment settings, including public
transportation accommodations, and employment
COBRA This was enacted in order to allow employees who are terminated, laid off, or
have a change in their employment status to temporarily remain on the employer-
sponsored medical insurance plan
EEOC (Equal Employment Opportunity Commission) Governmental agency that enforces the Equal Pay Act along with many other
related to discrimination
BARS (behaviorally anchored rating scale) This appraisal system is the most defensible in court because it is based on actual
observable job performance behaviors
Eternal equity Reflect and convey differences in job requirements and responsibilities.
Communicated to employees
Time-based or Step-rate pay Pay increases on a predetermined schedule and at an automatic step rate
Longevity pay This term is defined as added pay for employees who have reached the maximum
of a pay grade and who are unlikely to move into higher grades.
Two categories of exemptions Ex: IT, learned professional (Teacher), Scientists
Performance Shared values, goal orientation , and inspirational leadership are a part of this type
of culture
Terms in this set (50)
Human Capital Theory states that employees knowledge and skills generate productive capital
Competitive Advantage A companies ability to sustain market share and profitability for several years
running
Skills, Effort, Responsibility, Working Conditions 4 Universal compensable factors
Collective Bargaining Agreement These describe the terms of employment that are set between management and
union bargaining representatives
FLSA (Fair Labor Standards Act) Federal law that establishes a national minimum wage for employees involved in
commerce, as well as prohibits most employment of minors in oppressive child
labor
Workers comp These programs granted income to workers who were unable to work due to
injuries sustained while on the job
Disparate Impact A policy that applies to all company employees but unintentionally hurts a
protected group disproportionately
American Disabilities Act This law makes it illegal to discriminate against people with physical and mental
disabilities both within and outside employment settings, including public
transportation accommodations, and employment
COBRA This was enacted in order to allow employees who are terminated, laid off, or
have a change in their employment status to temporarily remain on the employer-
sponsored medical insurance plan
EEOC (Equal Employment Opportunity Commission) Governmental agency that enforces the Equal Pay Act along with many other
related to discrimination
BARS (behaviorally anchored rating scale) This appraisal system is the most defensible in court because it is based on actual
observable job performance behaviors
Eternal equity Reflect and convey differences in job requirements and responsibilities.
Communicated to employees
Time-based or Step-rate pay Pay increases on a predetermined schedule and at an automatic step rate
Longevity pay This term is defined as added pay for employees who have reached the maximum
of a pay grade and who are unlikely to move into higher grades.
Two categories of exemptions Ex: IT, learned professional (Teacher), Scientists
Performance Shared values, goal orientation , and inspirational leadership are a part of this type
of culture
