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A risk reduction strategy that many organizations use for terminated vested participants or retirees of a defined benefit pension plan is to:

A.

Increase the retirement age

B.

Reduce benefit contributions

C.

Provide lump sum payouts

D.

Terminate the plan

For which of the following positions does the compa-ratio reflect a lagging market rate?

A.

Position A

B.

Position B

C.

Position C

D.

Position D

What can an employer legally do when a union approaches employees about forming a bargaining unit?

A.

Promise a pay increase

B.

Ask employees how they will vote

C.

Tell employees the cost of union dues

D.

Speak with employees at their homes

Which of the following is the first question to ask when a department is seeking HR support to hire additional staff?

A.

"What is the business necessity?"

B.

"What skills are needed?"

C.

"What recruiting sources should be used?"

D.

"Does it have budget approval?"

HR can best prepare organizations to adjust to an aging workforce by:

A.

Developing plans for potential skill gaps

B.

Analyzing information about turnover and recruitment

C.

Considering outsourcing and alternative staffing models

D.

Ensuring retirement-eligible workers understand retirement options

An HR director has been hired by a high-technology business that has been growing at a rapid rate. There are 300 professional employees in manufacturing and 80 in clerical and laboratory support. There has been no formal human resource function in the past, with each department head controlling the hiring, salary adjustments, and other details. There are no established working hours except for non-exempt employees and the work environment is very informal in dress and supervisory relationships. The president wants the new director to identify the key areas of importance. Which of the following should be done first if the president indicated a desire to establish a formal pay program?

A.

Conduct wage surveys

B.

Establish bonus policies

C.

Prepare job descriptions

D.

Develop a point factor job evaluation rating system

An example of action learning as an organizational development tool would be:

A.

Small teams addressing real workplace problems

B.

Evaluating a standardized operation or process

C.

Participating in self-awareness exercises

D.

Ongoing group sensitivity training

Organizations use change-in-control agreements for executives involved in mergers and acquisitions to:

A.

Clearly define the non-compete provisions of an employment contract

B.

Lock in the value of stock options guaranteed to executives when they are hired

C.

Modify protocols for business continuity planning

D.

Place management in a protected position before entering into a transaction

An organizational policy designed to limit employee access to certain websites helps to:

A.

Safeguard the interests of the organization

B.

Enhance existing social responsibility programs

C.

Manage the bandwidth of existing communications

D.

Address concerns about protecting employee information

What is the target demographic of an organization with a total rewards package that includes at-market pay and a high professional development budget?

A.

Highly skilled individuals

B.

New college graduates

C.

Executive leadership

D.

Middle management