Your organization offers an employees' retirement benefit program that is covered by the Employee Retirement Income Security Act of 1974. The administrative responsibility for enforcement of the Employee Retirement Income Security Act of 1974 is divided among three government agencies. Which one of the following is not a government agency that helps to enforce ERISA?
Answer : A
The FDIC is not one of the three agencies that help to enforce the requirements of ERISA.
Answer options C, B, and D are incorrect. The IRS, Department of Labor, and Pension Benefit Guaranty Corporation are the three agencies that do help to enforce the requirements of ERISA.
Henry is the HR Professional for his organization and he's discussing the status of Amy's employment. Amy earns $87,500 per year and receives a paycheck via direct deposit every two weeks. Amy was hired under the offer of a salary position, but she feels that she is working far more than the agreed 40 hours per week. Based on these scenarios, do you believe Amy is exempt or non-exempt?
Answer : A
An exempt employee is someone who is paid on a salary basis and earns more than $455 per week. As the question states, Amy was hired under the offer of a salary.
Answer option C is incorrect. While Amy does earn more than $1,000 per week, this doesn't automatically qualify her as exempt.
Answer option D is incorrect. Bonuses do not automatically qualify someone as non-exempt.
Answer option B is incorrect. The question doesn't tell how much additional hours Amy is actually working so this isn't a good choice. The amount of hours a person works doesn't directly affect their exempt or non-exempt status.
Your organization will be using the point factor technique in their evaluations of job performance. You need to communicate what the point factor technique accomplishes as you're the HR Professional for your organization. Which one of the following best describes the point factor technique?
Answer : D
The point factor technique identifies point of performance based on importance to the organization. Within each point, levels of performance are created. Both levels and points are then weighted based on most important to least important, to determine overall performance of each employee.
Answer options C, A, and B are incorrect. These are not valid definitions of the point factor technique.
Organizational functions, according to Fayol, conform to one of the six functional areas. Which one of the following is not an area of organizational functions for strategic planning?
Answer : C
Fayol did not include human resource management as one of the six functional areas of an organization. The six areas are: technical activities, sales and marketing, financial activities, security activities, accounting activities, and managerial activities.
Answer options D, B, and A are incorrect. Technical activities, financial activities, and sales and marketing are components of the six functional areas.
As an HR Professional you must be familiar with several laws and pieces of legislation that affects your practices. What act makes it illegal to discriminate against older workers with respect to benefits or to target older workers for layoffs?
Answer : A
The OWBPA, the Older Worker's Benefit Protection Act of 1990, made it illegal for a company to discriminate against or target older workers for layoffs.
Answer option C is incorrect. HIPAA, the Health Insurance Portability and Accountability Act, focuses on security and portability of health care coverage and privacy considerations.
Answer option D is incorrect. MHPA, the Mental Health Parity Act, prohibits group health plan providers, insurance companies, and HMOs that offer mental health benefits from setting annual or lifetime dollar amounts on mental health benefits, that are lower than any such dollar limits for medical and surgical benefits.
Answer option B is incorrect. OASDI, the Old Age, Survivors, and Disability Insurance program is also known as Social Security.
As an HR Professional, you must recognize and be aware of several pieces of legislation that affect your performance as an HR Professional. The National Labor Relations Board identified five categories of unfair labor practices. Which one of the following is not one of the five categories of unfair labor practices?
Answer : B
The employer is not obligated to provide meeting facilities to employees wishing to create a labor union.
Answer options C, A, and D are incorrect. These are among the five unfair labor practices.
The Department of Labor establishes the rules for unemployment insurance and associated claims. Who administers the unemployment?
Answer : D
Unemployment insurance claims are managed locally within each state, but federal rules do apply.
Answer option B is incorrect. Unemployment claims are not managed by the department of labor.
Answer option C is incorrect. Insurance companies do provide unemployment insurance, but it's the local state government that manages the claims.
Answer option A is incorrect. Each organization does not manage the unemployment claims.