File Info
| Exam | Total Rewards Management Exam |
| Number | T1-GR1 |
| File Name | WorldatWork.T1-GR1.CertDumps.2018-07-08.51q.vcex |
| Size | 25 KB |
| Posted | Jul 08, 2018 |
| Download | WorldatWork.T1-GR1.CertDumps.2018-07-08.51q.vcex |
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Demo Questions
Question 1
What is a primary objective of profit-sharing and performance-sharing variable pay plans?
- To achieve organizational cost savings through base pay reductions
- To increase employee identification with the organization's success
- To defer compensation expenses to future reporting periods
- To reward individual employees for some significant contribution.
Correct answer: B
Question 2
Which is the most accurate description of the work-life element of total rewards?
- Cash provided by an employer to an employee for his or her efforts and results toward completion of goals
- Organizational practices, policies and programs to help employees achieve success within and outside of the workplace
- Alignment of organizational, team and individual efforts toward success
- Learning experiences designed to enhance employees' skills and competencies.
Correct answer: B
Question 3
What are usual, customary and reasonable charges (UCR)?
- The charges that an insurance carrier determines are normal for a particular medical procedure within a specific geographical area
- The charges that are published annually in the Global Insurers' Medical Cost Comparison Guide
- The charges that are allowable for any given medical procedure with no pre-treatment authorization
- The charges that are typically paid up front by a plan participant for services rendered.
Correct answer: A
Question 4
What guides the design of all total rewards programs?
- The human resources strategy
- The business strategy
- The business vision
- The total rewards strategy.
Correct answer: D
Question 5
How far do broad banded pay ranges stretch from minimum to maximum?
- 10% to 30%
- 30% to 50%
- 50% to 100%
- 100% to 300%.
Correct answer: D
Question 6
How is the performance review related to pay?
- It isn't. The performance review should not be related to pay decisions.
- It is related to the extent that it affects variable pay awards. Base pay is based solely on te nure, prior experience and job skills.
- It helps managers meet salary budgets by allowing them to adjust review results to align with available salary increase funds.
- It provides managers a measure that can be used along with salary planning guidelines.
Correct answer: D
Question 7
Which statement is most accurate regarding organizational performance?
- Individual performance is unrelated to organizational performance.
- The poor performance of just one individual will disrupt the performance of the entire organization.
- Performance at every level should be aligned towards achievement of organizational goals.
- Performance can only be accurately measured at the organizational level.
Correct answer: C
Question 8
Who is generally responsible for articulating the HR strategy?
- Human resources leadership
- Outside consultants
- Senior management
- Board of directors.
Correct answer: A
Question 9
Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?
- Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
- Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.
- Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.
Correct answer: C
Question 10
The number of pay structures in an organization is most likely to be influenced by which of the following?
- The diversity of jobs
- The demographics of the workforce
- The organization's financial condition
- The organizations policies regarding centralized pay administration.
Correct answer: A
