MANGT 531 (MANGT531)
Arkansas State University
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Final Exam Study Guide/A+ GRADED
- Class notes • 11 pages • 2024
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1. Identify forms of direct and indirect compensation 
 Indirect: 
- Time not worked 
 Vacations 
 Breaks 
 holidays 
- Insurance plans 
 Medical 
 Dental 
 life 
- Security plans (pensions) 
- Employee services 
 Educational assistance 
 Recreational programs 
 Direct: 
- Wages and salaries 
- Commissions 
- Bonuses 
- gainsharing 
2. Describe the difference between exempt and nonexempt jobs 
 Fair pay Rules (2004) 
- Overtime must be paid to employees earning l...
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