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| Section | Weight | Objectives |
|---|---|---|
| Tax and Reporting Requirements | 15% | - Form W-2 and other reporting obligations - IRS rules for taxable and non-taxable compensation - Executive compensation disclosure rules |
| Fair Labor Standards Act (FLSA) | 25% | - Exempt vs non-exempt classification rules - Minimum wage and overtime requirements - Recordkeeping and compliance obligations |
| Anti-Discrimination Laws | 20% | - Equal Pay Act - Americans with Disabilities Act - Title VII of Civil Rights Act - Age Discrimination in Employment Act |
| Other Key Regulations | 10% | - Family and Medical Leave Act - State and local regulatory variations |
| Labor Relations Regulations | 15% | - Impact of unionization on compensation practices - National Labor Relations Act |
| Overview of Regulatory Framework | 15% | - Federal regulatory structure and authority - Impact of regulation on compensation design and administration |
1. The Delta Company has experienced increased turnover in the past two years. Data from exit interviews indicate that most of those leaving did so for better opportunities and higher compensation. If Delta pays at the highest percentile of the market for their peer group, what data analysis should they do?
A) Qualitative data collection in the form of an employee survey with questions about employee satisfaction with pay levels
B) No additional data analysis is needed. Delta should increase pay rates based on the existing data to decrease turnover.
C) Qualitative data collection to talk to key stakeholders and employees and determine whether the exit interviews accurately reflect their concerns
D) Additional quantitative analysis to determine whether pay rates are truly competitive or existing data are unreliable
2. When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?
A) Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives
B) Individuals with power in the organization who have the authority to overrule the concerns of opponents
C) No one person. Identify your stakeholders and work to achieve consensus among the majority.
D) The most senior leader with the highest level of authority
3. Employer-sponsored death benefits are most commonly based on which of the following?
A) The employee's annual salary
B) The employee's health history
C) The size of the employee's family
D) The employee's premium contributions
4. Which of the following is an example of a reasonable accommodation?
A) Job restructuring
B) Creating a new position in the company
C) Creating a separate area for the disabled employee to work
D) Providing a pre-employment medical exam
5. Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?
A) On January 1 and July 1 of each year
B) At established dates and then every six months thereafter
C) At the anniversary date and at the annual merit increase date
D) Once when they move a step, and again when the step value changes
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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