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Total Rewards Management Exam

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Total Questions : 90

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Question # 1

Which of the following is an example of a flexible work arrangement?

Options:

A.  

Compressed work week

B.  

Work redesign

C.  

Career flexibility

D.  

Full-time work

 

 

 

Discussion 0
Question # 2

What is a primary purpose of pay grades or bands?

Options:

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

 

 

 

Discussion 0
Question # 3

What type of performance standard specifies the steps necessary to complete a job duty?

Options:

A.  

Quality

B.  

Quantity

C.  

Time

D.  

Process

 

 

 

Discussion 0
Question # 4

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

Options:

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.

 

 

 

Discussion 0
Question # 5

Which type of base pay is typically based on an individual employee's rate of production?

Options:

A.  

Hourly rate

B.  

Salary

C.  

Piece rate

D.  

Production rate

 

 

 

Discussion 0
Question # 6

What best describes the two primary elements of compensation?

Options:

A.  

Fixed pay and variable pay

B.  

Base pay and annual incentives

C.  

Direct and indirect compensation

D.  

Salary and hourly rate

 

 

 

Discussion 0
Question # 7

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

Options:

A.  

General

B.  

Cost of living

C.  

Automatic

D.  

Merit

 

 

 

Discussion 0
Question # 8

When building a job worth hierarchy, which step involves the systematic, formal study of the duties and responsibilities that comprise job content?

Options:

A.  

Job analysis

B.  

Job documentation

C.  

Job evaluation

D.  

Job worth hierarchy

 

 

 

Discussion 0
Question # 9

Which of the following leads to the specific performance objectives for an organization?

Options:

A.  

Performance standards

B.  

Human resources strategy

C.  

Performance measures

D.  

Business strategy

 

 

 

Discussion 0
Question # 10

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.  

They require complex actuarial calculations and assumptions.

B.  

The benefit is based on a formula that considers pay and service.

C.  

They generally provide better benefits to employees with longer service.

D.  

The employee assumes the risk for the investments.

 

 

 

Discussion 0
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