Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?
A. Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
B. Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.
C. Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost-sharing basis.
Which of the following statements is most accurate regarding pay grades/bands?
A. They include incentives that are paid out at certain times of the year
B. They identify the actual compensation paid to each employee
C. They may overlap with minimums and maximums falling within adjoining grades
D. They represent the difference between the midpoint and the maximum of a given salary grade
How do commissions typically differ from annual incentives for non-executive employees?
A. They are based on a predetermined performance and reward schedule.
B. They are offered to motivate employee performance.
C. They are intended to align the interests of the employee with those of the organization.
D. They tend to make up the larger portion of an employee's total compensation.
What is the final result of the job evaluation process?
A. The job worth hierarchy
B. The base pay structure
C. Job documentation
D. Job descriptions
A company is sponsoring a diversity awareness fair for employees. Which category of work -life is the company trying to promote?
A. Caring for dependents
B. Culture change
C. Corporate citizenship
D. Internal sharing.
Regarding medical plans, what is the out-of-pocket maximum?
A. The most that the member will be liable for in relation to co-insurance
B. The maximum the plan will pay if the member is covered by another insurance plan
C. The limit the member will be required to pay at each doctor visit
D. The lifetime limit for benefits to any one employee.
Work-life programs began in many organizations in response to the growing need of dual income parents for child care resource and referral services. These dependent care services have greatly expanded to include which of the following programs?
A. Financial wellness
B. Sabbaticals
C. Concierge services
D. Elder care support
Which of the following would be a cause of an employee being paid only slightly above the minimum after two years on the job?
A. The job was re-evaluated and moved to a lower grade.
B. The employee receives increases every six months.
C. Market data for the job are much higher than the range midpoint.
D. The employee was minimally qualified upon entry and is still learning the job.
For which type of employees should the lowest (first) quartile be used in a merit pay system with pay ranges divided into quartiles?
A. Red-circled employees
B. Employees new to the role
C. High-performing employees with five years in the job
D. Fully meets standards employees with five to seven years of experience
Why is it important for organizations to measure the effectiveness of their learning, coaching/mentoring and advancement/career programs?
A. To increase turnover to get new people with new ideas to join the organization
B. To establish a baseline for employee engagement
C. To improve the rate at which internal job roles are filled
D. To design a better performance management system