Compensation, Benefits & Work Experience 1
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Question 1 of 66
1. Question
1 point(s)A benchmark job is one that?
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Question 2 of 66
2. Question
1 point(s)A company that believes higher-quality employees are more productive is MOST likely to.
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Question 3 of 66
3. Question
1 point(s)A manager’s salary is above the maximum for the pay range. What type of pay rate is this?
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Question 4 of 66
4. Question
1 point(s)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?
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Question 5 of 66
5. Question
1 point(s)A primary employer advantage of implementing a skill-based pay system is:.
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Question 6 of 66
6. Question
1 point(s)After implementing a new job evaluation plan, it is best to deal with red circle rates by:.
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Question 7 of 66
7. Question
1 point(s)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.
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Question 8 of 66
8. Question
1 point(s)In an organization adopting a pay-for-performance philosophy:.
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Question 9 of 66
9. Question
1 point(s)In translating the results of a salary survey into actual wage rates, what statistical technique would be most appropriate to use?.
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Question 10 of 66
10. Question
1 point(s)Pay compression can be created by several means, including:.
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Question 11 of 66
11. Question
1 point(s)The HR group gathered salary data but was unable to analyze it until the following year. Is the data still considered usable?.
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Question 12 of 66
12. Question
1 point(s)The process of adjusting salary data to keep pace with market movement is referred to as.
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Question 13 of 66
13. Question
1 point(s)What is a major advantage of an organization having internal equity?.
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Question 14 of 66
14. Question
1 point(s)What is one of the advantages of taking a total rewards approach?.
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Question 15 of 66
15. Question
1 point(s)What is the compa-ratio for an employee who earns $15 per hour where the salary range has a midpoint of $12 per hour?
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Question 16 of 66
16. Question
1 point(s)What is the FIRST step the vice president of HR should take to determine market rates?.
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Question 17 of 66
17. Question
1 point(s)What is the range spread for a job with a minimum salary of $60,000 and a maximum of $90,000?.
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Question 18 of 66
18. Question
1 point(s)Which form of equity refers to the fairness of a job’s pay rate in comparison to other jobs within the same company?.
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Question 19 of 66
19. Question
1 point(s)For which of the following types of employees are maturity curves most used as a basis of compensation?.
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Question 20 of 66
20. Question
1 point(s)Two consecutive years of mandated 10% increases in the minimum wage would probably result in which of the following?.
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Question 21 of 66
21. Question
1 point(s)Which of the following factors is not related to pay compression?
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Question 22 of 66
22. Question
1 point(s)Which of the following is a form of indirect compensation?.
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Question 23 of 66
23. Question
1 point(s)Which of the following is a non-quantitative method of job evaluation?.
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Question 24 of 66
24. Question
1 point(s)Which of the following is not used as a method to segment a relevant labor market?.
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Question 25 of 66
25. Question
1 point(s)Which of the following is NOT a key consideration when developing a pay plan?.
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Question 26 of 66
26. Question
1 point(s)Which of the following job classes would typically have the greatest range spread?.
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Question 27 of 66
27. Question
1 point(s)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?
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Question 28 of 66
28. Question
1 point(s)Which of the following job evaluation methods would provide a small organization with a quick and inexpensive way to compare one job to another?.
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Question 29 of 66
29. Question
1 point(s)Which of the following philosophies would an entitlement-oriented organization embrace?.
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Question 30 of 66
30. Question
1 point(s)Which of the following statements about market-based job evaluation is true?.
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Question 31 of 66
31. Question
1 point(s)Which of the following statements about person-based pay systems is true?.
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Question 32 of 66
32. Question
1 point(s)Which of the following statements regarding job evaluation methods is correct?.
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Question 33 of 66
33. Question
1 point(s)Which of the following would be considered direct compensation?.
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Question 34 of 66
34. Question
1 point(s)Which of the following would be considered indirect compensation?.
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Question 35 of 66
35. Question
1 point(s)Which pay strategy offers wage rates and benefits packages similar to that of the competition and is the most common approach?
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Question 36 of 66
36. Question
1 point(s)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?.
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Question 37 of 66
37. Question
1 point(s)A company should use which of the following pay programs to compensate programmers?.
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Question 38 of 66
38. Question
1 point(s)A compensation method related to an employee’s individual performance is known as.
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Question 39 of 66
39. Question
1 point(s)A time-based step-rate pay system is MOST appropriate when.
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Question 40 of 66
40. Question
1 point(s)Gain sharing is a type of.
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Question 41 of 66
41. Question
1 point(s)In order to determine eligibility to participate in a group variable pay plan, what is the most critical question that must be answered?.
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Question 42 of 66
42. Question
1 point(s)One problem with team-based incentives is that they:.
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Question 43 of 66
43. Question
1 point(s)Which common practice in a pay-for-performance system is most likely to hinder performance?
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Question 44 of 66
44. Question
1 point(s)Which compensation system guarantees an employee a base wage and then pays an additional amount for each unit produced?
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Question 45 of 66
45. Question
1 point(s)Which of the following statements about a single-rate pay system is true?.
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Question 46 of 66
46. Question
1 point(s)Which of the following would be a recommended compensation practice for a startup business that wishes to create an innovative, entrepreneurial culture?.
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Question 47 of 66
47. Question
1 point(s)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?.
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Question 48 of 66
48. Question
1 point(s)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?.
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Question 49 of 66
49. Question
1 point(s)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.
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Question 50 of 66
50. Question
1 point(s)What is the BEST payroll system for a small growing company whose employees are paid biweekly?
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Question 51 of 66
51. Question
1 point(s)What is the preferred method of communicating the benefit plans to employees?.
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Question 52 of 66
52. Question
1 point(s)What is the primary purpose of a flexible benefits plan?.
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Question 53 of 66
53. Question
1 point(s)Which of the following defined benefit plans is portable for the employee?.
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Question 54 of 66
54. Question
1 point(s)Which of the following is generally NOT a function of the payroll department?.
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Question 55 of 66
55. Question
1 point(s)Which of the following is NOT a part of a payroll audit?.
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Question 56 of 66
56. Question
1 point(s)Which of the following statements about long-term disability protection is generally true?.
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Question 57 of 66
57. Question
1 point(s)Which type of benefits plan recognizes individual differences in terms of characteristics such as age, family status and lifestyle?
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Question 58 of 66
58. Question
1 point(s)All of the following are good examples of employment branding on a corporate Web page EXCEPT.
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Question 59 of 66
59. Question
1 point(s)The primary advantage of continuous recruiting is that:.
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Question 60 of 66
60. Question
1 point(s)Which of the following actions might be a likely way to increase employee engagement?.
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Question 61 of 66
61. Question
1 point(s)Which of the following is NOT an outcome of employee engagement?.
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Question 62 of 66
62. Question
1 point(s)The first strategy for improving employee retention is to _____________..
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Question 63 of 66
63. Question
1 point(s)Which of the following is most effective in improving retention?.
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Question 64 of 66
64. Question
1 point(s)The Employee Value Proposition is:
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Question 65 of 66
65. Question
1 point(s)What employee and employer can offer each other aligns people with organization?.
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Question 66 of 66
66. Question
1 point(s)Why do employers invest in employee engagement?
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