1. Which of the following is the enforcement agency for civil rights?
A) Equal Employment Opportunity Commission (EEOC) B) Department of Labor (DOL) C) Wage and Hour Division D) Employment Standards Administration
2. Which of the following is an example of an intrinsic reward?
A) An exciting assignment B) A great supervisor C) The satisfaction of a job well done D) Recognition of accomplishments
3. Which of the following includes payments made to employees that are associated with wages and salaries?
A) Non-monetary compensation B) Monetary compensation C) Direct compensation D) Extrinsic reward
4. Which of the following is the enforcement agency for compensation?
A) Department of Labor (DOL) B) Wage and Hour Division C) Employment Standards Administration D) Equal Employment Opportunity Commission (EEOC)
5. Employers are required to provide a portable retirement plan to employees based on which of the following?
A) Employee Retirement Income Security Act. B) Retirement benefits are not required by federal law. C) Older Worker Benefit Protection Act. D) Omnibus Budget Reconciliation Act.
1. Right Answer: A Explanation: Answer option A is correct.Chapter: Compensation and BenefitsObjective: Benefits
2. Right Answer: C Explanation: Answer option C is correct.Intrinsic rewards are those in which esteem is achieved from within oneself. D, B, and A are examples of extrinsic rewards that come from external sources.Chapter: Compensation and BenefitsObjective: Review Questions
3. Right Answer: C Explanation: Answer option C is correct.Chapter: Compensation and BenefitsObjective: Total Rewards Defined
4. Right Answer: A Explanation: Answer option A is correct.Chapter: Compensation and BenefitsObjective: Benefits
5. Right Answer: B Explanation: nswer option B is correct.No federal law requires employers to provide a retirement plan to employees. If employers do provide retirement benefits, ERISA (A) regulates how the plans are offered and administered. OBRA (D) capped executive pay, required health plans to honor qualified medical child-support orders, and required that group health plans provide coverage for dependent adopted children of employees. The OWBPA (C) amended the ADEA to prohibit discriminating against older workers in benefit plans and defined requirements for employee waivers of their rights under the act.Chapter: Compensation and BenefitsObjective: Review Questions
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