Total Rewards Management Exam v7.0 (GR1)

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Total 90 questions

Which of the following benefits are usually offered at the discretion of the employer?

  • A. Retirement plans
  • B. Unemployment insurance
  • C. Social security programs
  • D. Disability (occupational)


Answer : A

Which of the following is the best definition of variable pay?

  • A. Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.
  • B. Compensation that is nondiscretionary and does not vary according to performance or results
  • C. Compensation that is contingent on discretion, performance or results
  • D. Compensation that is determined by the organization's pay structure


Answer : C

What type of pay increase is given when an organization finds that its compensation program is behind competitive market rates?

  • A. General
  • B. Cost of living
  • C. Automatic
  • D. Merit


Answer : A

What guides the design of all human resources programs?

  • A. The corporate mission
  • B. The human resources strategy
  • C. Program design and administration
  • D. The business strategy


Answer : B

What is a primary purpose of pay grades or bands?

  • A. To identify a compensation range in which to group multiple jobs with similar value
  • B. To meet legal and regulatory requirements for classifying jobs according to market value
  • C. To provide documentation that supports termination decisions
  • D. To justify paying some employees less than market based on internal administrative limitations


Answer : A

What guides the design of all total rewards programs?

  • A. The human resources strategy
  • B. The business strategy
  • C. The business vision
  • D. The total rewards strategy


Answer : D

How do commissions typically differ from annual incentives for non-executive employees?

  • A. They are based on a predetermined performance and reward schedule.
  • B. They are offered to motivate employee performance.
  • C. They are intended to align the interests of the employee with those of the organization.
  • D. They tend to make up the larger portion of an employee's total compensation.


Answer : D

How should appraisers address performance deficiencies on performance appraisals?

  • A. Avoid discussing them
  • B. Focus the entire appraisal on the areas that need attention
  • C. Balance every deficiency with a compliment, even if the compliments are for minor accomplishments
  • D. Provide specific information about deficiencies that affect performance


Answer : D

What is a shared leave program?

  • A. A contribution of money to a nonprofit entity where a company employee volunteers
  • B. A donation of vacation time to others facing emergency situations
  • C. An arrangement to ensure adequate coverage of service during employees' vacations
  • D. An executive loan to worthy organizations for a period of time


Answer : B

Regarding medical plans, what is the out-of-pocket maximum?

  • A. The most that the member will be liable for in relation to co-insurance
  • B. The maximum the plan will pay if the member is covered by another insurance plan
  • C. The limit the member will be required to pay at each doctor visit
  • D. The lifetime limit for benefits to any one employee


Answer : A

Which of the following best describes a factor that has influenced the growth and change in benefits?

  • A. There is a decreasing number of females in the workforce.
  • B. Employees are expressing a greater desire for choice in their benefits.
  • C. Employees have longer career expectations.
  • D. Decreasing costs are causing growth in the numbers of benefits employers offer.


Answer : B

Which statement is most accurate regarding the performance management process?

  • A. It is a one-time event.
  • B. Managers and supervisors should plan and measure performance without input or involvement from subordinates.
  • C. Performance standards should be loosely defined, allowing great latitude in measurement.
  • D. Mutual respect and trust should be the foundation of the relationship between managers and employees.


Answer : D

What is the best example of a coaching or mentoring opportunity?

  • A. Sabbatical
  • B. On-line self-directed training
  • C. Participating in a major project
  • D. Exposure to internal experts


Answer : D

How far do broadbanded pay ranges stretch from minimum to maximum?

  • A. 10% to 30%
  • B. 30% to 50%
  • C. 50% to 100%
  • D. 100% to 300%


Answer : D

When using a market pricing approach to build a base pay structure, what percentage of job content should typically be similar for a job match to be considered good for benchmarking purposes?

  • A. 10% or more
  • B. 30% or more
  • C. 50% or more
  • D. 70% or more


Answer : D

Page:    1 / 6   
Total 90 questions