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  4. GR1 - Total Rewards Management Exam

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  • Exam Name: Total Rewards Management Exam
  • Last Update: 08-Dec-2023
  • Questions and Answers: 90
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GR1 Questions and Answers

Question # 1

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.

 

 

 

Question # 2

Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?

A.

Personal leave

B.

Sabbatical

C.

Severance allowances

D.

Paid time off (PTO) bank

 

 

 

Question # 3

Why is greater flexibility an advantage of a total rewards approach?

A.

Because programs can be added and/or withdrawn with little employee resistance

B.

Because incentive plans can be designed by work group or unit as well as separately for each employee

C.

Because the mix of rewards offered can be tailored according to the organization's specific challenges

 

 

 

Question # 4

If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

A.

Cost-of-living

B.

Tenure

C.

Automatic

D.

Market

 

 

 

Question # 5

Which of the following phrases best describes behavioral engagement by employees?

A.

Values aligned with those of the organization

B.

Showing passion for work

C.

Feeling invested in corporate outcomes/results

D.

Performing at an optimal level

 

 

 

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