In a knowledge or skill-based pay system

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1. In a knowledge or skill-based pay system, all but which of the following characteristics is true?

a. Workers are paid for being able to perform multiple tasks.

b. The current job an individual is performing determines his or her pay.

c. The greater the variety of job-related skills a worker possesses, the more he/she is paid.

d. The primary objective is to allocate pay based on worker flexibility and capability.

e. One=s skill level is the most important element to consider in setting compensation.

2. Which among the following jobs is an exempt job?

a. An automotive technician at Friendly Ford

b. A plumber for Delong Plumbing

c. An administrative assistant to a department head at Missouri State

d. A Walmart manager.

e. All are exempt.

3. Which of the following statements is true?

a. Professional and highly compensated white-collar employees are considered to be exempt employees.

b. If an exempt employee works fewer than 40 hours in a given week the employer is allowed to reduce her pay.

c. Exempt status depends on job title not job responsibilities and pay level.

d. All individuals paid a salary are consider to be exempt for FLSA purposes.

e. Overtime rates apply only to the base hourly rate and do not include incentives such as piece-rates

Reference no: EM131800962

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