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  4. GR1 - Total Rewards Management Exam

WorldatWork GR1 Total Rewards Management Exam Exam Practice Test

Demo: 13 questions
Total 90 questions
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Total Rewards Management Exam Questions and Answers

Question 1

Which of the following is typically considered a health care benefit?

Options:

A.

Defined benefit plan

B.

Death benefits

C.

Defined contribution plan

D.

Vision plan

 

 

 

Question 2

Which of the following phrases best describes behavioral engagement by employees?

Options:

A.

Values aligned with those of the organization

B.

Showing passion for work

C.

Feeling invested in corporate outcomes/results

D.

Performing at an optimal level

 

 

 

Question 3

What best defines the organization's purpose or reason for existence?

Options:

A.

The corporate mission

B.

The business strategy

C.

The compensation strategy

D.

The corporate vision

 

 

 

Question 4

What is continuing to contribute most to the current rise in the cost of benefits programs?

Options:

A.

Rising salaries for support staff

B.

Increasing cost of enterprise software systems

C.

Increasing cost of communication

D.

Rising costs for health care

 

 

Question 5

What term best describes an effective way to provide ongoing, instant information to those performing the work so that they can monitor their own performance and take steps to improve?

Options:

A.

Coaching

B.

Assessing

C.

Rewarding

D.

Grading

 

 

 

Question 6

Upon which criterion are step increases typically based?

Options:

A.

Market adjustment

B.

Longevity

C.

Individual performance

D.

Skills

 

 

 

Question 7

Why is greater flexibility an advantage of a total rewards approach?

Options:

A.

Because programs can be added and/or withdrawn with little employee resistance

B.

Because incentive plans can be designed by work group or unit as well as separately for each employee

C.

Because the mix of rewards offered can be tailored according to the organization's specific challenges

 

 

 

Question 8

What best defines career opportunities in relation to total rewards?

Options:

A.

Plans for succession of roles and responsibilities of a particular position

B.

Opportunities that promote career moves into competing organizations

C.

Plans that may include advancement into more responsible positions within the organization

D.

Opportunities for employees to apply for open positions during a reduction in force

 

 

 

Question 9

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 10

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

Options:

A.

10% to 30%

B.

30% to 50%

C.

50% to 100%

D.

100% to 300%

 

 

 

Question 11

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

 

 

 

Question 12

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

 

 

 

Question 13

Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?

Options:

A.

Personal leave

B.

Sabbatical

C.

Severance allowances

D.

Paid time off (PTO) bank

 

 

 

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Demo: 13 questions
Total 90 questions
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