11-1 Identify the components of a compensation system. PAGE 403

11-2 Briefly describe expectancy theory as it applies to compensation. PAGE 404

11-3 Briefly describe equity theory as it applies to compensation. PAGE 406

11-4 Identify the seven basic issues that make up the organizational philosophy on compensation. PAGE 407

11-5 Discuss the three major provisions of the FLSA. PAGE 414

11-6 Describe the penalties in the FLSA for misclassification of nonexempt employees. PAGE 417

11-7 Briefly describe the concept of comparable worth and how it compares with equal pay. PAGE 418

11-8 Identify the three types of job evaluation discussed in the text and discuss whether they are more objective or subjective in form. PAGE 420

11-9 Briefly describe the concepts of job structure and pay levels. PAGE 422

11-10 Discuss the concepts of product market competition and labor market competition. What are they used for? PAGE 423

11-11 Briefly describe the concept of a pay structure. PAGE 426

11-12 Briefly discuss the value of broadbanding to the organization. PAGE 427

11-13 Define the key terms found in the chapter margins and listed following the Chapter Summary. PAGE 433