Compensation and Benefits 1

Which of the following is NOT a part of a payroll audit?.

A time-based step-rate pay system is MOST appropriate when.

Which of the following is a non-quantitative method of job evaluation?

An HR manager reviews widely published salary data to ensure that company compensation is superior to regional competition. A potential outcome of this lead compensation philosophy is.

Which of the following is generally NOT a function of the payroll department?

A compensation method related to an employee’s individual performance is known as.

Which of the following is a form of indirect compensation?.

After implementing a new job evaluation plan, it is best to deal with red circle rates by:

A company that believes higher-quality employees are more productive is MOST likely to

Which of the following defined benefit plans is portable for the employee?

A company should use which of the following pay programs to compensate programmers?

Which of the following factors is not related to pay compression?

A primary employer advantage of implementing a skill-based pay system is:

A manager’s salary is above the maximum for the pay range. What type of pay rate is this?

What is the primary purpose of a flexible benefits plan?.

A bank is considering an incentive pay program for its customer service representatives. A customer feedback survey is the main component on which the incentive payout will be based. Which plan necessity is the bank using?.

Two consecutive years of mandated 10% increases in the minimum wage would probably result in which of the following?

A position has a pay range for the grade of$9.10 to $12.75 per hour. What term would apply to an employee in this position who is earning $8 per hour?

What is the preferred method of communicating the benefit plans to employees?

Which pay strategy offers wage rates and benefits packages similar to that of the competition and is the most common approach?

For which of the following types of employees are maturity curves most used as a basis of compensation?

Why do employers invest in employee engagement?

What is the BEST payroll system for a small growing company whose employees are paid biweekly?

Which of the following would be considered indirect compensation?

Which form of equity refers to the fairness of a job’s pay rate in comparison to other jobs within the same company?

What employee and employer can offer each other aligns people with organization?.

At the beginning of a given year, a shipping department has four people, each paid $1,000 per month. In that year, each of these employees receives a pay raise of $100 per month. The raises are given Jan. 1, March 1, July 1 and Nov. 1, respectively. The salary increases raise the payroll cost for the year by.

Which of the following would be considered direct compensation?

What is the range spread for a job with a minimum salary of $60,000 and a maximum of $90,000?

The first strategy for improving employee retention is to _____________

As part of conducting a benefit plan needs assessment, the HR professional has looked at the organization’s business strategy and compensation philosophy. What is the NEXT step that should be taken?

Which of the following statements regarding job evaluation methods is correct?

What is the FIRST step the vice president of HR should take to determine market rates?

Which of the following is most effective in improving retention?.

After giving two weeks’ notice, an employee falls while on the premises, breaks an ankle, and is unable to work for the remaining two weeks. In this situation, which of the following is the primary benefit?.

Which of the following statements about person-based pay systems is true?

What is the compa-ratio for an employee who earns $15 per hour where the salary range has a midpoint of $12 per hour?

The Employee Value Proposition is?

Which of the following would be a recommended compensation practice for a startup business that wishes to create an innovative, entrepreneurial culture?.

Which of the following statements about market-based job evaluation is true?

What is one of the advantages of taking a total rewards approach?

Which of the following is NOT an outcome of employee engagement?.

Which of the following statements about a single-rate pay system is true?

Which of the following philosophies would an entitlement-oriented organization embrace?

What is a major advantage of an organization having internal equity?

Which of the following actions might be a likely way to increase employee engagement?

Which compensation system guarantees an employee a base wage and then pays an additional amount for each unit produced?

Which of the following job evaluation methods would provide a small organization with a quick and inexpensive way to compare one job to another?

The process of adjusting salary data to keep pace with market movement is referred to as

The primary advantage of continuous recruiting is that:

Which common practice in a pay-for-performance system is most likely to hinder performance?

Which of the following job evaluation methods would be MOST appropriate for an organization that has a large number of people with similar, defined jobs?

The HR group gathered salary data but was unable to analyze it until the following year. Is the data still considered usable?

All of the following are good examples of employment branding on a corporate Web page EXCEPT?

One problem with team-based incentives is that they:

Which of the following job classes would typically have the greatest range spread?

Pay compression can be created by several means, including:

Which type of benefits plan recognizes individual differences in terms of characteristics such as age, family status and lifestyle?

In order to determine eligibility to participate in a group variable pay plan, what is the most critical question that must be answered?.

Which of the following is NOT a key consideration when developing a pay plan?

In translating the results of a salary survey into actual wage rates, what statistical technique would be most appropriate to use?

Which of the following statements about long-term disability protection is generally true?

Gain sharing is a type of?

Which of the following is not used as a method to segment a relevant labor market?

In an organization adopting a pay-for-performance philosophy:

A benchmark job is one that?