What is a red circle rate? Show
A red circle rate is a pay rate that is above the maximum range assigned to the job grade. Employees who are "red circled" are usually not eligible for additional pay increases until the range maximums are increased above the individual pay rate or the employee transfers to a job with
a higher pay range. For more information, see What are common options for merit increases when an employee is paid the maximum in his or her salary range? RETURN TO THE HR GLOSSARY  Name : Clas s: Dat e: Chapter 11 - Total Rewards and Compensation 1. Payments calculated directly on the basis of the time worked by employees are called _____. a. benefits b. commission s c. salaries d. wages ANSWER: d 2. According to the Fair Labor Standards Act, if a state's minimum wage is higher than the federal minimum wage, _____. a. employers must pay the higher wage b. employers must pay the lower wage c. employers are free to choose between either of the two d. employers must pay the difference as employee benefits ANSWER: a 3. The FLSA established overtime pay requirements for nonexempt employees at 1.5 times the regular pay rate for all hours worked over _____. a. 50 in a week b. 45 in a week c. 40 in a week d. 35 in a week ANSWER: c 4. The act that does not require employers to pay overtime for salaried exempt jobs is the _____. a. Employment Non-Discrimination Act b. Equal Pay Act c. Fair Labor Standards Act d. Civil Rights Act ANSWER: c 5. The rate paid for a job by a majority of the employers in the appropriate geographic area determines _____. a. commission b. gainsharing c. monetary incentives d. prevailing wages ANSWER: d 6. Most federal and state entities rely on the criteria for independent contractor status identified by the _____. a. National Labor Relations Board b. Internal Revenue Service c. Department of Labor d. U.S. Treasury Department Copyright Cengage Learning. Powered by Cognero.Page 1 46.Which of the following is true of green-circled employees?PTS:1DIF:ModerateOBJ:LO: 11-05 Get answer to your question and much more NAT:BUSPROG: AnalyticSTA:DISC: HRMTOP:Pay StructuresKEY:Bloom's: Knowledge47.Which of the following is true of pay compression?PTS:1DIF:EasyOBJ:LO: 11-05 Get answer to your question and much more NAT:BUSPROG: AnalyticSTA:DISC: HRMTOP:Pay StructuresKEY:Bloom's: Knowledge48.Which of the following is true of a pay adjustment matrix?PTS:1DIF:ModerateOBJ:LO: 11-06 Get answer to your question and much more NAT:BUSPROG: AnalyticSTA:DISC: HRMTOP:Determining Pay IncreasesKEY:Bloom's: Knowledge49.The two factors that the pay adjustment matrix considers are _____.a.the employee’s performance as rated in an appraisal and the employee’s position in the payrangeb.the employee’s total productivity and the employee’s position in the pay rangec.the employee’s performance as rated in an appraisal and the total number of hours spent atworkd.the employee’s total productivity and the total number of hours spent at workANS:APTS:1DIF:ModerateOBJ:LO: 11-06 NAT:BUSPROG: AnalyticSTA:DISC: HRMTOP:Determining Pay IncreasesKEY:Bloom's: Knowledge Are said to receive green circle rates?"Green circle rates" are salaries below the minimum rate the employer has established for the position's salary range. Green circle rates are equally as problematic as red circle rates in that they do not follow established guidelines. A solution is to provide pay increases up to at least the minimum in the range.
Which of the following is true of an employer who uses the third quartile strategy of compensation quizlet?Which of the following is true an employer who uses the third-quartile strategy of compensation? The employer pays the employees above market levels.
When considering pay compression Which of the following is true?Which of the following is true of pay compression? It is frequently a result of labor market pay levels increasing faster than current employees' pay adjustments.
Which of the following is the first step in the factor comparison method for job evaluation?The first step in creating a factor comparison system is to identify and list all of the factors that could potentially affect employee compensation. This may include factors such as job title, years of experience, level of education, skills and abilities, and geographic location.
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Which of the following is true of Green circled employees group of answer choices?
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