Across
- 2. The ratio of average actual pay to the midpoint of the pay range; used to measure if actual pay matches the structure.
- 4. Human resource tool or publication used to collect external market pay data for comparison.
- 5. An administrative procedure used to measure the relative internal worth of an organization's jobs.
- 6. 1963 law stating that men and women performing equal work in the same organization must receive equal pay.
- 8. Benchmark jobs used in job evaluations that have relatively stable content and are common across many organizations.
- 10. A set of possible pay rates defined by a minimum, maximum, and midpoint of pay for a specific pay grade.
- 14. The market where workers compete for jobs and employers compete for workers; sets the minimum necessary pay rate.
- 19. The characteristics of a job (such as skill, effort, responsibility, and working conditions) that an organization values and chooses to pay for.
- 20. Psychological theory stating that employees evaluate fairness by comparing their own inputs and outcomes with others.
- 21. Groups of jobs having similar worth or content, lumped together to establish a specific pay rate.
- 25. Managers, professionals, and outside salespeople who are not covered by the FLSA overtime requirements.
- 27. FLSA provisions that protect minors' health, safety, and access to educational opportunities.
- 29. The process of reducing layers of management, which frequently leads to broadbanding.
- 30. An administrative problem where an employee's actual pay rate falls above the maximum limit for their pay grade.
Down
- 1. Organizations that offer competing goods and services; this market sets the upper limit on what a company can pay.
- 3. The average amount (including wages, salaries, and bonuses) the organization pays for a specific job.
- 7. The federal act (abbreviation) that protects the job rights and benefits of employees who serve in the military.
- 9. An administrative problem where an employee's actual pay rate falls below the minimum limit for their pay grade.
- 11. The relative pay for different jobs within an organization.
- 12. An employee's perception of the fairness of their pay relative to the pay of other different jobs within the same company.
- 13. A graphed line showing the mathematical relationship between job evaluation points and pay rate.
- 15. The lowest amount of money that employers may legally pay their employees per hour.
- 16. A pay structure that sets pay levels according to the employees' levels of knowledge or capabilities rather than their specific job assignments.
- 17. Employees covered by the FLSA requirements for overtime pay (mostly hourly workers).
- 18. A procedure where an organization compares its own compensation practices against those of successful competitors.
- 22. Reducing the number of levels or grades in an organization's job structure to create wider, more flexible pay ranges.
- 23. An employee's perception of the fairness of their job's pay relative to what other organizations pay for the same job.
- 24. The federal law that establishes a minimum wage, requirements for overtime pay, and child labor standards.
- 26. The pay policy resulting from combining job structure and pay level.
- 28. Required higher pay rate for hours worked beyond 40 hours per week under the FLSA.