Knowledge-based workers receive their titles because they
(a) have at least a master's degree
(b) work in an educational setting
(c) must use their brains to solve problems
(d) work in high-tech industries
Question 2Defined Benefits Plan
(a) Involves a payment of a specified amount to each participant
(b) Payments are linked to the CPI
(c) Employer contribution is a certain percentage of employee's earnings from time employee enters the program
(d) Involves use of a formula to determine amount of benefit an employee will receive
Question 3Which of the following is not a key element of the Smyth-Murphy guide line method of market pricing?
(a) a guide line scale
(b) a job description containing scope data
(c) market pricing
(d) a vertical guide line display
Question 4Regular employee
(a) Work requires advanced knowledge in a field of science or learning
(b) Expected to work on a continuing basis and meet specific performance standards
(c) Not required to be paid for work over 40 hours per week
(d) Performs manual labor assignments
(e) Establish policy and formulate strategy
Question 5The term gold-collar worker has been directed to
(a) top performers
(b) knowledge-based workers
(c) highly-paid executives
(d) managers of financial institutions
Question 6Social Security
(a) Involves a payment of a specified amount to each participant
(b) Payments are linked to the CPI
(c) Employer contribution is a certain percentage of employee's earnings from time employee enters the program
(d) Involves use of a formula to determine amount of benefit an employee will receive
Question 7Exempt employee
(a) Work requires advanced knowledge in a field of science or learning
(b) Expected to work on a continuing basis and meet specific performance standards
(c) Not required to be paid for work over 40 hours per week
(d) Performs manual labor assignments
(e) Establish policy and formulate strategy
Question 8Which one of the following is not a paired-comparison method used for job ranking?
(a) deck of cards
(b) alternation ranking
(c) merit guide chart
(d) slotting
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