File Info
| Exam | Total Rewards Management Exam |
| Number | T1-GR1 |
| File Name | WorldatWork.T1-GR1.Prep4Sure.2019-08-20.71q.tqb |
| Size | 217 KB |
| Posted | Aug 20, 2019 |
| Download | WorldatWork.T1-GR1.Prep4Sure.2019-08-20.71q.tqb |
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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
Explanation:
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
