Description
Learning Exercise 4
Read Chapter 10 in your textbook and answer the following questions.
A1. Review the key terms on page 314. You will be tested on these terms.
A2. Answer the following questions.
What is comparable worth? What role does job evaluation play in arguments for and against comparable worth? (minimum 30 words)
What is the impact of the Fair Labor Standards Act and the Equal Pay Act on employee compensation? (minimum 30 words)
A3. Answer the end of chapter discussion questions 10-9, 10-10 & 10-11 on page 314. Each answer should have a minimum of 30 words.
Read Chapter 11 in your textbook and answer the following questions.
B1.Review the key terms on page 348. You will be tested on these terms.
B2. Answer the following questions.
What is the difference between stock options, stock purchase plans, and stock awards as given to corporate executives? Why are long-term incentive plans for executives frequently criticized? (minimum 30 words)
What is the difference between a straight commission and a straight salary system? What are the benefits of each? How can a firm ensure that a sales team does not overlook customer satisfaction for high sales volume? (minimum 30 words)
B3.Answer the end of chapter discussion questions 11-1 & 11-4 on page 349. Each answer should have a minimum of 30 words.
Read Chapter 12 in your textbook and answer the following questions.
C1. Review the key terms on page 386. You will be tested on these terms.
C2. Answer the following questions.
What are the three areas that an employer needs to consider when establishing a benefits plan? How can HR use technology to ensure that employees clearly understand an employer’s benefits plan? (minimum 30 words)
Discuss the three forms of flexible benefits plans and the challenges involved in implementing any flexible benefits plan. (minimum 30 words)
C3. Answer the end of chapter discussion questions 12-1, 12-2 & 12-3. Each answer should have a minimum of 30 words.
D. Read https://www.cnbc.com/2023/10/31/why-working-longer-is-not-a-good-retirement-plan.html
and answer the following question:
What are your views on working longer (e.g., Retiring later)? Minimum 200 words
