Compensation structures, benefits, workplace safety, FLSA and risk mitigation.
About this set
41 basic cards for SHRM / PHR Human Resources. It opens with "What is the current federal minimum wage under the FLSA?" and "Under FLSA, after how many hours of work in a workweek does overtime". More Professional Certifications decks are listed below.
41 cards · basic cards · AI-written, checked twice. Edit anything.
- What is the current federal minimum wage under the FLSA?
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$7.25 per hour
- Under FLSA, after how many hours of work in a workweek does overtime compensation become required?
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40 hours
- What are the two main categories of FLSA employee classification?
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Exempt and non-exempt
- Under FLSA, what is the standard overtime rate multiplier?
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1.5 times the regular rate
- What records must employers maintain under FLSA requirements?
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Accurate records of hours worked and wages paid
- Define market-rate compensation analysis.
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The process of researching what similar organizations pay for comparable roles
- What compensation strategy combines multiple pay grades into fewer, broader ranges?
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Broadbanding
- What is base salary?
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The fixed annual or hourly wage paid to an employee
- What does pay equity mean in HR practice?
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Ensuring employees in similar roles with comparable responsibilities receive equal pay
- What does vesting mean in a retirement plan?
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The point at which an employee gains ownership of employer contributions to the plan
- What is a 401(k) plan?
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An employer-sponsored retirement savings plan allowing employees to make pre-tax contributions
- What federal law provides temporary health insurance continuation when an employee loses their job?
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COBRA (Consolidated Omnibus Budget Reconciliation Act)
- What does FMLA protect?
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Unpaid, job-protected leave for qualifying medical and family reasons
- What is total rewards?
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A comprehensive compensation package including pay, benefits, career development and work environment
- What does the OSHA General Duty Clause require?
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Employers must provide a workplace free from recognized hazards causing or likely to cause serious harm