Employment Compensation and Labor Organizations Quiz
Test your knowledge on compensation, labor unions, laws, and benefits with our comprehensive quiz on employment compensation and labor organizations.
#1
Which of the following is a component of employment compensation?
Health insurance benefits
Labor union dues
Workplace safety regulations
Employee performance evaluations
#2
What is the purpose of a labor union?
To negotiate better working conditions and wages for employees
To maximize profits for the company
To promote competition among workers
To minimize employee benefits
#3
What is the purpose of a 401(k) retirement plan?
To provide employees with free snacks
To allow employees to contribute a portion of their salary to a retirement account
To encourage employees to work fewer hours
To increase employee turnover
#4
What is the purpose of an Employee Assistance Program (EAP)?
To provide legal assistance to employees
To offer counseling and support services to employees
To increase employee workload
To decrease employee morale
#5
Which law mandates the federal minimum wage in the United States?
Fair Labor Standards Act (FLSA)
Occupational Safety and Health Act (OSHA)
Americans with Disabilities Act (ADA)
Equal Pay Act
#6
What is the purpose of workers' compensation?
To provide financial assistance to employees who are injured on the job
To encourage employees to work overtime
To reduce employee salaries
To limit the number of holidays for workers
#7
What is the purpose of a collective bargaining agreement?
To establish guidelines for employee behavior
To outline the terms and conditions of employment
To regulate workplace safety
To manage employee performance
#8
Which factor does NOT typically influence employee compensation?
Education level
Geographical location
Employee's astrological sign
Years of experience
#9
Which of the following is NOT a form of direct compensation?
Hourly wages
Performance bonuses
Paid time off (PTO)
Employee training programs
#10
Which of the following is NOT a characteristic of a defined contribution plan?
Employer determines the contribution amount
Employee bears the investment risk
Guaranteed retirement benefits
Examples include 401(k) plans
#11
Which of the following is NOT typically included in a total compensation package?
Base salary
Health insurance benefits
Employee discounts at local restaurants
Retirement contributions
#12
Which of the following is NOT a factor considered in determining overtime pay eligibility in the United States?
Type of industry
Employment status (exempt or non-exempt)
Length of employment
Number of hours worked in a week
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