Summer Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: exc65

examout.co

What best describes the two primary elements of compensation?

A.

Fixed pay and variable pay

B.

Base pay and annual incentives

C.

Direct and indirect compensation

D.

Salary and hourly rate

 

 

 

What does a performance standard specify?

A.

The experience required to achieve the goal or objective

B.

The reward that can be earned

C.

The time required for satisfactory performance

D.

The expected outcome

 

 

 

Which statement is most accurate regarding organizational performance?

A.

Individual performance is unrelated to organizational performance.

B.

The poor performance of just one individual will disrupt the performance of the entire organization.

C.

Performance at every level should be aligned towards achievement of organizational goals.

D.

Performance can only be accurately measured at the organizational level.

 

 

 

Which of the following is an organization's statement about what it wants to become?

A.

Corporate vision

B.

Corporate mission

C.

Business strategy

D.

Human resources strategy

 

 

 

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

A.

Making direct observations

B.

Documenting examples of performance

C.

Quantifying performance data

D.

Using management judgment

 

 

 

Which of the following is a type of variable pay?

A.

Pay for time not worked

B.

Hourly pay

C.

Bonuses

D.

Piece rate

 

 

 

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

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Because programs can be added and/or withdrawn with little employee resistance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

 

 

 

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.

 

 

 

A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?

A.

Deductible

B.

Coinsurance

C.

Coordination of benefits

D.

Out-of-pocket expenses

 

 

 

If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

A.

Cost-of-living

B.

Tenure

C.

Automatic

D.

Market