WorldatWork B1 Regulatory Environments for Benefits Programs Exam Practice Test

Implement the merit increase budget as is because the anticipated financial obligations have made it necessary

Meet with Finance and make a case for a larger merit increase budget because the loss of key talent will cost more over the long term than the savings from the smaller merit increases

Gather the perspectives of all stakeholders, analyze their individual concerns and meet to determine whether a compromise solution is possible

Recommend a reduction in force to eliminate poor performers, which will increase the merit budget by reducing headcount

Mental health coverage and health care coverage

Pay for time not worked and income protection programs

Unemployment and disability

Defined contribution and defined benefits plans   

Ask them to review or provide feedback, especially on something you have done for them

Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position

Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections

Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern

There is a decreasing number of females in the workforce.

Employees are expressing a greater desire for choice in their benefits.

Employees have longer career expectations.

Decreasing costs are causing growth in the numbers of benefits employers offer.   

Make it easier to enforce the Equal Pay Act

Make the regulations covered under Title VII of the Civil Rights Act of 1964 more strict

Eliminate the potential conflict between Title VII and EPA

Prohibit gender-based discrimination

Davis-Bacon Act

Sherman Antitrust Act

McNamara-O'Hara Act

National Labor Relations Act

Additional quantitative analysis to determine whether pay rates are truly competitive or existing data are unreliable

Qualitative data collection to talk to key stakeholders and employees and determine whether the exit interviews accurately reflect their concerns

Qualitative data collection in the form of an employee survey with questions about employee satisfaction with pay levels

No additional data analysis is needed. Delta should increase pay rates based on the existing data to decrease turnover.

Providing a pre-employment medical exam

Creating a new position in the company

Creating a separate area for the disabled employee to work

Job restructuring

It remains the same.

It decreases because variable costs are increasing.

It increases at the same rate as variable costs.

It becomes increasingly higher as revenues increase.

EBIT

EPS

Net income

Operating profit

Personal leave

Sabbatical

Severance allowances

Paid time off (PTO) bank   

Double time for time worked on Sunday

Time and a half for all hours worked over 40 in the workweek

Time and a half for all hours worked over 8 in the workday

Double time for work on Saturday

Appropriate study time does not count as hours worked regardless of the educational level of the training program.

No training time is considered hours worked even if it is a condition of employment, since the employee is free to leave the company.

Only educational programs focused on remedial education (up to eighth grade) can be excluded from the 40-hr criteria for time and a half.

Even when the training is required, as long as the classes are outside working time and not on company property, they are not hours worked.