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WorldatWork GR1 Total Rewards Management Exam Exam Practice Test

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Total 90 questions

Total Rewards Management Exam Questions and Answers

Question 1

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?

Options:

A.

10% or more

B.

30% or more

C.

50% or more

D.

70% or more

 

 

 

Question 2

What employee needs are most commonly addressed by work-life programs?

Options:

A.

Financial

B.

Intrinsic

C.

Retirement

D.

Insurance

 

 

 

Question 3

When an employee is sacrificing his or her personal life to manage job responsibilities, what is the first area of work-life that should be examined?

Options:

A.

Financial support

B.

Community involvement

C.

Workplace flexibility

D.

Use of paid time off

 

 

 

Question 4

Why are lump-sum increases generally used?

Options:

A.

To control annual fixed costs from base pay adjustments

B.

To elevate employees who are below the midpoint in the range

C.

To reward employees under short-term incentive plans

D.

To make up for benefits not provided by the organization

 

 

 

Question 5

Which of the following is a nonquantitative method of job evaluation?

Options:

A.

Point factor

B.

Ranking

C.

Job content

D.

Rating

 

 

 

Question 6

Performance can be measured most objectively through which of the following methods?

Options:

A.

Making direct observations

B.

Documenting examples of performance

C.

Quantifying performance data

D.

Using management judgment

 

 

 

Question 7

Which of the following is primarily focused on giving special attention to employee actions, efforts, behavior or performance?

Options:

A.

Compensation

B.

Benefits

C.

Career opportunities

D.

Recognition

 

 

 

 

Question 8

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

Options:

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

 

 

 

Question 9

Which of the following best describes one of the purposes of job analysis?

Options:

A.

To identify job families and career paths

B.

To rate the performance of specific employees

C.

To determine appropriate benefits options

 

 

 

Question 10

Which of the following is the most accurate statement about the business strategy?

Options:

A.

It usually is a secondary consideration in compensation design.

B.

It is the company's plan for competitive positioning of its products or services.

C.

It must be written after the company's operating plans are approved by senior management.

D.

It is developed for compensation, benefits and the work-life using the HR strategy as a basis.

 

 

 

Question 11

Which of the following is the best source for identifying the relative importance of various rewards elements to different work groups?

Options:

A.

Board of directors

B.

Employees

C.

Senior management

D.

Candidates for employment

 

 

 

Question 12

What typically happens when employees continually upgrade and build new skills?

Options:

A.

They demand higher pay

B.

Their level of performance increases.

C.

They become bored with their current jobs.

D.

Their competitiveness increases.

 

 

 

Question 13

The number of pay structures in an organization is most likely to be influenced by which of the following?

Options:

A.

The diversity of jobs

B.

The demographics of the workforce

C.

The organization's financial condition

D.

The organizations policies regarding centralized pay administration

 

 

 

Page: 1 / 9
Total 90 questions