Direct Compensation
CH 9
CH 9
Which term refers to a one-time annual financial award based on productivity?
Bonus
All financial rewards that are NOT included in direct financial compensation are known as ________.
Employee Benefits
Most union organizers will NOT continue their organizing efforts unless at least ________ percent of the workers in the workgroup sign authorization cards.
50%
Which term refers to an unwritten contract that is created when an employee agrees to work for an employer but no agreement exists as to how long the parties expect the employment to last?
Employment at Will
What involves protecting employees from injuries caused by work-related accidents?
Safety
Which performance-based pay system assumes that employees who know more are more valuable to the firm and deserve to be rewarded for their efforts in acquiring new skills?
Skill-based Pay
________, like Workers' Comp, are employer purchased and administered benefits.
Legally Required Benefits
What union is typically composed of members of a particular trade or skill in a specific locality?
Craft
The state of employee self-control and orderly conduct that indicates the extent of genuine teamwork within an organization is referred to as ________.
Discipline
What is the top leading cause of workplaces injuries and their associated costs?
Overexertion (e.g., lifting, carrying, pushing, pulling, etc.)
As a pediatric nurse, Cary experiences a significant amount of job satisfaction, which is considered what type of compensation?
Nonfinancial Compensation
Which is the most expensive benefit for most businesses?
Health Insurance
A group of employees recognized by an employer as appropriate for representation by a labor organization for purposes of collective bargaining is called a ________.
Bargaining unit
What involves invoking a penalty against an employee who fails to meet established standards?
Disciplinary action
Which Act was created to ensure worker safety and health?
OSHA
If a person is to maintain a previous level of nominal wages, then a pay increase must be roughly equivalent to the _______?
Cost of Living
What Act created a system of retirement benefits?
Social Security Act
What event necessitated the need for labor unions?
The Great Depression
What are specific guides to behavior on the job?
Rules
According to OSHA, who is primarily responsible for employee safety?
Employer
Labor unions tend to favor ________ as the basis for compensation changes.
Seniority
What is a significant issue facing the Social Security program?
Retiring Baby Boomers (More people collecting benefits)
What is the primary law governing the relationship of companies and unions?
Norris-LaGuardia Act
The word "discipline" comes from the word "disciple," and when translated from Latin, what does it mean?
"To Teach"
Which of the following is a comprehensive approach used by firms to deal with numerous problem areas such as burnout, alcohol and drug abuse, and other emotional disturbances?
Employee Assistance Program (EAP)
What is the most important standard for determining pay?
Market Rates
What type of retirement plan provides the participant with a fixed benefit upon retirement?
Defined Benefit
A restaurant worker labor union is training union organizers to apply for jobs at fast food restaurants in the Chicago area. Once hired, the union organizers will actively work to unionize employees at the restaurant. This strategy is best described as ________.
Union Salting
Chris, a manager at a distribution center, has learned that one of his subordinates pushed and punched a coworker. Considering the progressive disciplinary action approach, what punishment will the employee likely receive?
Termination
What is the leading cause of death in the workplace?
Homicides