Real Exam Questions GR1 Dumps Exam Questions in here [Dec-2021]
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NEW QUESTION 19
What is the purpose of the annual total rewards statement?
- A. To describe the tax implications of different rewards
- B. To explain the various rewards programs available to employees
- C. To individually quantify the value of employees' total rewards packages
- D. To summarize for senior management the total expense attributable to rewards programs
Answer: C
NEW QUESTION 20
What are the three most common part-time options under the workplace flexibility category?
- A. Flex time, phased retirement, and phased return from leave
- B. Flex time, telecommuting and shift flexibility
- C. Regular part-time work, phased return from leave, and phased retirement
- D. Regular part-time work, shift flexibility and telecommuting
Answer: C
NEW QUESTION 21
What does the size of a merit increase have to do with the success of a merit pay program?
- A. Even small increases should not be given to less-than-average performers.
- B. Increases must not be deemed inconsequential to employees.
- C. Increases must be equitable within a department.
- D. Increases given to star employees must be at least triple that of those given to average performers.
Answer: B
NEW QUESTION 22
For which type of employees should the lowest (first) quartile be used in a merit pay system with pay ranges divided into quartiles?
- A. High-performing employees with five years in the job
- B. Red-circled employees
- C. Fully meets standards employees with five to seven years of experience
- D. Employees new to the role
Answer: D
NEW QUESTION 23
Which of the following is the best definition of variable pay?
- A. Compensation that is determined by the organization's pay structure
- B. Compensation that is nondiscretionary and does not vary according to performance or results
- C. Compensation that is given in the form of perquisites such as a company car, fitness
membership, paid training, etc. - D. Compensation that is contingent on discretion, performance or results
Answer: D
NEW QUESTION 24
Which of the following statements is most accurate regarding pay grades/bands?
- A. They identify the actual compensation paid to each employee
- B. They represent the difference between the midpoint and the maximum of a given salary grade
- C. They include incentives that are paid out at certain times of the year
- D. They may overlap with minimums and maximums falling within adjoining grades
Answer: D
NEW QUESTION 25
If an organization's business strategy is primarily focused on product/service leadership, which of the following will likely be one of the major objectives?
- A. Create better ideas and commercialize them faster
- B. Minimize waste and reward efficiency
- C. Build bonds with targeted customers
- D. Provide dependability and ease of purchase
Answer: A
NEW QUESTION 26
Employer-sponsored death benefits are most commonly based on which of the following?
- A. The employee's health history
- B. The employee's annual salary
- C. The employee's premium contributions
- D. The size of the employee's family
Answer: B
NEW QUESTION 27
Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?
- A. Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.
- B. Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.
- C. Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
Answer: B
NEW QUESTION 28
Which of the following shows the proper sequence for development of the total rewards strategy?
- A. Business strategy Total rewards strategy Business mission HR strategy
- B. HR strategy Business strategy Business vision Total rewards strategy
- C. Total rewards strategy HR strategy Business strategy Business mission
- D. Business vision Business strategy HR strategy Total rewards strategy
Answer: D
NEW QUESTION 29
When are informal rewards generally given to employees?
- A. During the merit increase process
- B. Shortly after the performance review
- C. Immediately or shortly after making a positive contribution
- D. At the beginning of each month
Answer: C
NEW QUESTION 30
How do commissions typically differ from annual incentives for non-executive employees?
- A. They are offered to motivate employee performance.
- B. They tend to make up the larger portion of an employee's total compensation.
- C. They are intended to align the interests of the employee with those of the organization.
- D. They are based on a predetermined performance and reward schedule.
Answer: B
NEW QUESTION 31
How far do broadbanded pay ranges stretch from minimum to maximum?
- A. 30% to 50%
- B. 10% to 30%
- C. 50% to 100%
- D. 100% to 300%
Answer: D
NEW QUESTION 32
Who is generally responsible for articulating the HR strategy?
- A. Board of directors
- B. Senior management
- C. Outside consultants
- D. Human resources leadership
Answer: D
NEW QUESTION 33
Which of the following is a true statement about using recognition plans to drive business results?
- A. Employee basic salary needs must be met before they will begin to appreciate recognition awards.
- B. Provides managers a rationale for requesting an increase in departmental recognition budgets.
- C. The behaviors organizations are seeking depends on what types of employees are hired.
- D. Implementing a recognition plan in lieu of a competitive base pay plan will motivate employees to work harder.
Answer: A
NEW QUESTION 34
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