Financial planning and counseling services


Problem 1. A non-exempt, private sector employee must receive overtime pay under the FLSA. He/she cannot take compensating time off at one and half times the number of hours in lieu of overtime pay.

  • True
  • False

Problem 2. Kevin is undergoing chemotherapy once a week on Fridays. Kevin has used up all of his personal days and sick leave for the year. He is able to take FMLA leave every Friday and will be able to continue FMLA leave until he has used up all that remain of his 60 days per year of FMLA leave.

  • True
  • False

Problem 3. Financial planning and counseling services are especially valuable and most widely used for younger employees who are not used to handling finances and who need to get started on investment programs.

  • True
  • False

Problem 4. In a true pay-for-performance system, which of the following employees would qualify for incentive reward?

a. Jack has met his sales quota even though he was hospitalized for appendicitis during the year.

b. Otto manages to meet the minimum required sales on his store location despite the fact that the business building next door, where he receives most of his customer traffic, has closed.

c. Charlene performs up to expectations as a science teacher at a magnet high school.

d. Chris brings in 20 percent more new clients for the branch bank than is required.

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HR Management: Financial planning and counseling services
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