As of July 24, 2009, the federal minimum wage is set at which of the following?
Answer(s): A
Answer option A is correct. As of July 24, 2009, the federal minimum wage was raised to $7.25 per hour from (C) $6.55 per hour, which became effective on July 24, 2008. The minimum wage in some states and other localities may be different. See Chapter for more information.Chapter: Compensation and BenefitsObjective: Compensation
What management theory suggests that compensation is a hygiene factor that doesn't motivate workers to excel at performance, but its absence can de-motivate workers?
Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470- 43096-5. Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.Chapter: Compensation and BenefitsObjective: Total Rewards Defined
Which of the following plans has similarities to both a defined benefit plan and a money purchase plan?
Answer(s): C
Answer option C is correct. The target benefit plan has similarities to both a defined benefit plan and a money purchase plan. It is a cross between a money purchase pension plan and a defined benefit plan. Answer option B is incorrect. A succession plan identifies critical positions in an organization and how they will be filled if current incumbents leave. Answer option D is incorrect. The Scanlon Plan is a cost saving productivity-incentive plan. It was created in the 1930s by Joseph Scanlon. In this plan, employees are rewarded for productivity and cost savings to promote performance of the organization. Answer option A is incorrect. A profit sharing plan is an employee motivation plan. This plan is established and maintained by an employer. In this plan, employees receive a share of the firm's profits determined by an agreed upon formula.Chapter: Compensation and BenefitsObjective: Total Rewards Defined
Data integrity, employment practices liability insurance, OSHA, and workplace violence policies are all examples of which of the following HR functions?
Answer(s): D
Answer option D is correct. Risk management has influence that goes beyond the traditional safety role of HR, often influencing other HR functions such as EEO compliance (C), workforce planning (A) and employee relations (B). It revolves around removing or mitigating business risks, whether they are internal or external, or data- or employee-driven. See Chapters 4, 7, and 8 for more information.Chapter: Risk ManagementObjective: Risk Management
You have been asked to complete an HR audit of your organization. Which of the following is NOT a tool or technique that's appropriate for an HR audit?
Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470- 43096-5. Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.Chapter: Human Resource DevelopmentObjective: Talent Management
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