Question: What are the steps in the performance management process? What percentage of each dollar spent on compensation go toward benefits? What are compensable factors, when

What are the steps in the performance management process?
What percentage of each dollar spent on compensation go toward benefits?
What are compensable factors, when it comes to job evaluation?
Know what a behavioral observation scale is.
What is psychological withdrawal?
What is COBRA?
What is ERISA?
What is the hot-stove rule of progressive discipline?
What are the two components of pay structure?
Understand validity and reliability when it comes to job performance measures.
What is arbitration?
Understand unemployment benefits and eligibility surrounding them.
Understand exempt vs. non-exempt employment (related to pay).
Know factors that should be covered when it comes to performance feedback.
Know different approaches to employee feedback.
Know factors used in determining retirement benefits.
What is benchmarking?
Know the requirements of FMLA
What is skill-based pay?
What is job-based pay?
What is individual-based pay?
What is a paired comparison scale?
What is a simple ranking scale?
What is a behavioral observation scale?
What are outplacement programs?
What obligations does a company have under USERRA?
How many days of paid vacation are organizations legally required to give per federal law?
What is job withdrawal?
What is FLSA? What does it cover?
Understand different types of benefits plans: cafeteria and shared
Know the benefits and risks of electronic monitoring of employees.
What is equity theory.
What are pay grades? What are pay ranges?
What is a PPO?
What is a product market?
What is a labor market?
What is a defined contribution plan?
What is reverse discrimination
Know what qualifies an individual for workers compensation (youll be given a scenario on the exam).
Understand turnover and some things that drive it.
What constitutes restructuring when it comes to pay grades?
Review Pay Policy Lines (page 388 of the text).
Know the different types of rater errors.
Know the 5 types of benefits that are required by U.S. Law.
What is the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010?
Know legal requirements for pay policy.
What is an Employee Assistance Program?

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