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GR1 - Total Rewards Management Exam

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GR1 Questions and Answers

Question # 1

Why are lump-sum increases generally used?

A.

To control annual fixed costs from base pay adjustments

B.

To elevate employees who are below the midpoint in the range

C.

To reward employees under short-term incentive plans

D.

To make up for benefits not provided by the organization

 

 

 

Question # 2

Which statement below most accurately describes a company that is using a total rewards approach?

A.

Strives to find the appropriate mix of rewards elements that attract employees

B.

Motivates employees through compensation levels much higher than the competition

C.

Offers competitive benefits so that it can pay lower wages, minimizing compensation and related expenses

D.

Hires highly motivated employees who are willing to do without work-life programs in favor of increased compensation

 

 

 

Question # 3

Which of the following is a nonquantitative method of job evaluation?

A.

Point factor

B.

Ranking

C.

Job content

D.

Rating

 

 

 

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