Question 1

Which of the following is the best source for identifying the relative importance of various rewards elements to different work groups?

Options :

A : Board of directors

B : Employees

C : Senior management

D : Candidates for employment.

Answer: B

Question 2

Which of the following is the best definition of variable pay?

Options :

A : Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.

B : Compensation that is nondiscretionary and does not vary according to performance or results

C : Compensation that is contingent on discretion, performance or results

D : Compensation that is determined by the organization-s pay structure

Answer: C

Question 3

How far do broad banded pay ranges stretch from minimum to maximum?

Options :

A : 10% to 30%

B : 30% to 50%

C : 50% to 100%

D : 100% to 300%.

Answer: D

Question 4

Why is it important for organizations to measure the effectiveness of their learning, coaching/mentoring and advancement/career programs?

Options :

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

Answer: D

Question 5

Well-executed recognition programs create a more positive work environment through which of the following means?

Options :

A : Employees’ sense of belonging and identifying with the organization and its culture are enhanced.

B : Employees are rewarded only for exhibiting outgoing behaviors.

C : Rewarded employees receive higher ratings on performance reviews and therefore, larger increases.

D : Employees are rewarded for perfect attendance.

Answer: A

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